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CORPORATIONS ACT 2001 - SECT 203F Termination of appointment of managing director (replaceable rule--see section 135)

CORPORATIONS ACT 2001 - SECT 203F

Termination of appointment of managing director (replaceable rule--see section 135)

  (1)   A person ceases to be managing director if they cease to be a director.

  (2)   The directors may revoke or vary an appointment of a managing director.

Note:   This Part does not apply to a CCIV: see section   1224E.