THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82
The Corporations Law is as follows:...

SECTION 248E CHAIRING DIRECTORS' MEETINGS (replaceable rule - see section 135)

248E(1) [Election of chair]

The directors may elect a director to chair their meetings. The directors may determine the period for which the director is to be the chair.

248E(2) [Requirement to elect]

The directors must elect a director present to chair a meeting, or part of it, if:

(a) a director has not already been elected to chair the meeting; or

(b) a previously elected chair is not available or declines to act, for the meeting or the part of the meeting.