CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 243.5 Maximum number of directors
CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 243.5
Maximum number of directorsAn Aboriginal and Torres Strait Islander corporation must not have more than:
(a) 12 directors; or
(b) if the regulations prescribe a different number of directors for the purpose of this paragraph--that number of directors.
Note: An application may be made to exempt the corporation from the
requirements of this section (see section 310 - 5).