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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 directors

    An 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).