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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 246.20 Directors may appoint other directors to make up a quorum (replaceable rule--see section 60 - 1)

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 246.20

Directors may appoint other directors to make up a quorum (replaceable rule--see section 60 - 1)

Appointment by other directors

  (1)   Subject to section   243 - 5 (maximum number of directors), the directors of an Aboriginal and Torres Strait Islander corporation may appoint a person as a director.

  (2)   A person can be appointed under subsection   (1) in order to make up a quorum for a directors' meeting even if the total number of directors of the corporation is not enough to make up that quorum.

Confirmation by next AGM

  (3)   If a person is appointed under subsection   (1), the corporation must confirm the appointment by resolution at the corporation's next AGM. If the appointment is not confirmed, the person ceases to be a director of the corporation at the end of the AGM.