Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 6
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OFFICERS
PART 6-2
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APPOINTMENT, REMUNERATION AND CESSATION OF APPOINTMENT OF DIRECTORS
Division 246
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Appointment of directors
SECTION 246-30
ALTERNATE DIRECTORS (REPLACEABLE RULE
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SEE SECTION 60-1)
246-30(1)
With the other directors ' approval, a director may appoint an alternate to exercise some or all of the director ' s powers for a specified period.
246-30(2)
If the appointing director requests the Aboriginal and Torres Strait Islander corporation to give the alternate notice of directors ' meetings, the corporation must do so.
246-30(3)
When an alternate exercises the director ' s powers, the exercise of the powers is just as effective as if the powers were exercised by the director.
246-30(4)
The appointing director may terminate the alternate ' s appointment at any time.
246-30(5)
An appointment or its termination must be in writing. A copy must be given to the corporation.
With the other directors ' approval, a director may appoint an alternate to exercise some or all of the director ' s powers for a specified period.
246-30(2)
If the appointing director requests the Aboriginal and Torres Strait Islander corporation to give the alternate notice of directors ' meetings, the corporation must do so.
246-30(3)
When an alternate exercises the director ' s powers, the exercise of the powers is just as effective as if the powers were exercised by the director.
246-30(4)
The appointing director may terminate the alternate ' s appointment at any time.
246-30(5)
An appointment or its termination must be in writing. A copy must be given to the corporation.
Note:
The Registrar must be given notice of the appointment and termination of appointment of an alternate (see subsections 304-5(3) and (6) ).
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