Commonwealth Consolidated Acts

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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 243.1

Minimum number of directors

Corporations with 1 member

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

Corporations with 2 members

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

Corporations with more than 2 members

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

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