Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A reference in this Act to a power to appoint a director includes a reference to such a power whether exercisable with or without the consent or concurrence of any other person.
(2) For the purposes of this Act, a person is taken to have the power to appoint a director if:
(a) the person has the power (whether exercisable with or without the consent or concurrence of any other person) to veto such an appointment; or
(b) a person's appointment as a director of the company follows necessarily from that person being a director or other officer of the first - mentioned person.