CORPORATIONS ACT 2001 - SECT 248F Quorum at directors' meetings (replaceable rule see section 135 )

CORPORATIONS ACT 2001 - SECT 248F

    Unless the directors determine otherwise, the quorum for a directors' meeting is 2 directors and the quorum must be present at all times during the meeting.

Note 1:   For special quorum rules for public companies, see section   195.

Note 2:   For resolutions of 1 director proprietary companies without meetings, see section   248B.