Delegation Of Directors Powers

Summary

Section 198D of the Corporations Act 2001 permits directors to delegate their powers to a committee, director, employee, or other person. This delegation must be in accordance with the companys constitution and any limitations set by the board. Understanding the scope and limitations of this delegation is crucial for compliance and effective corporate governance.

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What’s the section in the corporations act * regarding delegation of directors powers
Hey ****! The section you're looking for in the Corporations Act * (Cth) regarding the delegation of directors' powers is Section 198D.
- Directors of a company may delegate any of their powers to a committee of directors, a director, an employee of the company, or any other person.
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