Corporations Act 2001
CHAPTER 2D
-
OFFICERS AND EMPLOYEES
PART 2D.3
-
APPOINTMENT, REMUNERATION AND CESSATION OF APPOINTMENT OF DIRECTORS
Division 1
-
Appointment of directors
Subdivision A
-
General rules
SECTION 201B
WHO CAN BE A DIRECTOR
201B(1)
Only an individual who is at least 18 may be appointed as a director of a company. 201B(2)
A person who is disqualified from managing corporations under Part 2D.6 may only be appointed as director of a company if the appointment is made with permission granted by ASIC under section 206GAB or leave granted by the Court under section 206G .
[ CCH Note: Pt 2D.3 will be amended by No 8 of 2022, s 3, Sch 2[70], by inserting the note, (effective 1 July 2022). The note will read:
Note: This Part does not apply to a CCIV: see section 1224E .]
View history note
Hide history noteOnly an individual who is at least 18 may be appointed as a director of a company. 201B(2)
A person who is disqualified from managing corporations under Part 2D.6 may only be appointed as director of a company if the appointment is made with permission granted by ASIC under section 206GAB or leave granted by the Court under section 206G .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.