THE CORPORATIONS LAW

CHAPTER 2D - OFFICERS AND EMPLOYEES

PART 2D.3 - APPOINTMENT, REMUNERATION AND CESSATION OF APPOINTMENT OF DIRECTORS

Division 1 - Appointment of directors

SECTION 201A   MINIMUM NUMBER OF DIRECTORS  

201A(1)  Proprietary companies.  

A proprietary company must have at least 1 director. That director must ordinarily reside in Australia.

201A(2)  Public companies.  

A public company must have at least 3 directors (not counting alternate directors). At least 2 directors must ordinarily reside in Australia.




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