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INTEGRATED RESORT DEVELOPMENT ACT 1987 - SECT 165
Principal body corporate manager
165 Principal body corporate manager
(1) Subject to subsections (3) , (5) , (6) and (7) , the principal body
corporate may— (a) in general meeting; and
(b) by instrument;
appoint a
body corporate manager on such terms and conditions as the principal body
corporate determines.
(2) The principal body corporate may delegate all or
any of its powers and functions to the body corporate manager.
(3) The
principal body corporate must not delegate to the body corporate manager its
power to make— (a) a delegation mentioned in subsection (2) ; or
(b) a
decision on a restricted matter within the meaning of section 162 .
(4) If
the instrument of appointment provides, a body corporate manager may exercise
all or any of the powers and functions of the chairperson, secretary or
treasurer of the principal body corporate and the executive committee.
(5)
The term of appointment of the body corporate manager (after allowing for any
rights or options of extension or renewal, whether provided for in the
instrument of appointment or subsequently agreed to) must not be longer than 3
years. Example— The appointment of a body corporate manager begins on 1
January 2009 and is for a term of 3 years. The appointment can not end later
than 31 December 2011.
(6) If the term of appointment purports to be longer
than 3 years, it is taken to be 3 years.
(7) To remove any doubt, it is
declared that at the end of the term of appointment of a person as the body
corporate manager— (a) the appointment expires; and
(b) the person can not
act again as the body corporate manager without a new appointment.
(8)
Nothing in this section shall prevent the reappointment of a body corporate
manager after the term of appointment has expired.
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