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 243
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Number of directors
SECTION 243-5
243-5
MAXIMUM NUMBER OF DIRECTORS
An Aboriginal and Torres Strait Islander corporation must not have more than: (a) 12 directors; or (b) if the regulations prescribe a different number of directors for the purpose of this paragraph - that number of directors.
An Aboriginal and Torres Strait Islander corporation must not have more than: (a) 12 directors; or (b) if the regulations prescribe a different number of directors for the purpose of this paragraph - that number of directors.
Note:
An application may be made to exempt the corporation from the requirements of this section (see section 310-5 ).
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