Meaning of eligible officer
(1) An eligible officer is: (a) a director of a company, or of a body corporate that is a registered Australian body or registered foreign company, who: (i) is appointed to the position of a director; or (ii) is appointed to the position of an alternate director and is acting in that capacity; regardless of the name that is given to that position; or (b) any other officer of a company, or of a body corporate that is a registered Australian body or registered foreign company, who is an officer of a kind prescribed by the regulations; but does not include a person covered by a determination under subsection (2) or (3). Note: This subsection has a modified operation in relation to CCIVs: see section 1242. (2) The Registrar may determine that a particular person is not an eligible officer. The Registrar must notify the person of the determination. (3) The Registrar may, by legislative instrument, determine that a class of persons are not eligible officers.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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