Commonwealth Numbered Acts

COMPANIES ACT 1981 No. 89 of 1981 - SECT 219

Division 2-Directors and other Officers

219. (1) A public company shall have at least 3 directors and a proprietary
company shall have at least 2 directors.

(2) A person is incapable of being appointed as a director of a company unless
he is a natural person.

(3) In the case of a public company, at least 2 directors shall be natural
persons who ordinarily reside within Australia and, in the case of a
proprietary company, at least one director shall be a natural person who
ordinarily so resides.

(4) Where the articles of a company incorporated before the date of
commencement of this Act provide for the appointment of one director only, the
articles shall on and after that date be deemed to provide for the appointment
of 2 directors.

(5) If default is made in complying with this section, the company and any
officer of the company who is in default are each guilty of an offence.