Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 6 - OFFICERS  

PART 6-2 - APPOINTMENT, REMUNERATION AND CESSATION OF APPOINTMENT OF DIRECTORS  

Division 243 - Number of directors  

SECTION 243-1   MINIMUM NUMBER OF DIRECTORS  
Corporations with 1 member

243-1(1)    
An Aboriginal and Torres Strait Islander corporation that has 1 member must have at least 1 director.

Corporations with 2 members

243-1(2)    
An Aboriginal and Torres Strait Islander corporation that has 2 members must have at least 2 directors.

Corporations with more than 2 members

243-1(3)    
An Aboriginal and Torres Strait Islander corporation that has more than 2 members must have at least 3 directors.