Subdiv A heading inserted by No 42 of 2011, s 3, Sch 1, Pt 2
29] (effective 1 July 2011).
201JAPPOINTMENT OF MANAGING DIRECTORS
SEE SECTION 135)
The directors of a company may appoint 1 or more of themselves to the office of managing director of the company for the period, and on the terms (including as to remuneration), as the directors see fit.