Corporations Act 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.1A - DIRECTOR IDENTIFICATION NUMBERS  

SECTION 1272B   MEANING OF ELIGIBLE OFFICER  

1272B(1)    
An eligible officer is:

(a)    a director of a company, or of a body corporate that is a registered Australian body or registered foreign company, who:

(i) is appointed to the position of a director; or

(ii) is appointed to the position of an alternate director and is acting in that capacity;

regardless of the name that is given to that position; or

(b)    any other officer of a company, or of a body corporate that is a registered Australian body or registered foreign company, who is an officer of a kind prescribed by the regulations;

but does not include a person covered by a determination under subsection (2) or (3) .

Note: This subsection has a modified operation in relation to CCIVs: see section 1242 .

1272B(2)    
The Registrar may determine that a particular person is not an eligible officer . The Registrar must notify the person of the determination.

1272B(3)    
The Registrar may, by legislative instrument, determine that a class of persons are not eligible officers .