CORPORATIONS ACT 2001 - SECT 250Y Term of office of director reappointed at spill meeting
CORPORATIONS ACT 2001 - SECT 250Y
Term of office of director reappointed at spill meetingIf a director who ceased to hold office immediately before the end of the spill meeting is appointed as director by resolution passed at the spill meeting, his or her term of office runs as if the cessation and appointment had not happened.
Note: This section is subject to subsection 250X(5).
Note: This Part does not apply to a CCIV or its members. Instead, section 1228A applies a modified version of Part 2G.4.