Victorian Current Acts

VICTORIAN FUNDS MANAGEMENT CORPORATION ACT 1994 - SECT 20

    (1)     An act or decision of the Board is not invalid merely because of—

        (a)     a defect or irregularity in, or in connection with, the appointment of a director; or

        (b)     a vacancy in the membership of the Board, including a vacancy arising from the failure to appoint an original director.

    (2)     Anything done by or in relation to a person purporting to act as chairperson or as a director is not invalid merely because—

        (a)     the occasion for the appointment has not arisen; or

        (b)     there was a defect or irregularity in relation to the appointment; or

        (c)     the appointment had ceased to have effect; or

        (d)     the occasion for the person to act had not arisen or had ceased.