Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 5 - MEETINGS  

PART 5-3 - DIRECTORS ' MEETINGS  

Division 215 - Resolutions and declarations without meetings  

SECTION 215-5   RESOLUTIONS AND DECLARATIONS OF 1 DIRECTOR CORPORATION  
Resolutions

215-5(1)    
The director of an Aboriginal and Torres Strait Islander corporation that has only 1 director may pass a resolution by recording it and signing the record.

Declarations

215-5(2)    
The director of an Aboriginal and Torres Strait Islander corporation that has only 1 director may make a declaration by recording it and signing the record. Recording and signing the declaration satisfies any requirement in this Act that the declaration be made at a directors ' meeting.

Note:

Passage of a resolution or the making of a declaration under this section must be recorded in the corporation ' s minute books (see section 220-5 ).





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