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CORPORATIONS ACT 2001

CHAPTER 2D - OFFICERS AND EMPLOYEES  

PART 2D.1 - DUTIES AND POWERS  

Division 4 - Powers  

SECTION 198C  MANAGING DIRECTOR (REPLACEABLE RULE - SEE SECTION 135)  

198C(1)  [Conferral of powers]  


The directors of a company may confer on a managing director any of the powers that the directors can exercise.

198C(2)  [Power can be revoked or varied]  


The directors may revoke or vary a conferral of powers on the managing director.

 



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