Section 198C — Corporations Act 2001 (Cth)

Managing director (replaceable rule—see section 135)

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

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

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.

Related sections

s 197 — Directors liable for debts and other obligations incurred by corporation as trustee
s 198A — Powers of directors (replaceable rule—see section 135)
s 198B — Negotiable instruments (replaceable rule—see section 135)
s 198D — Delegation
s 198E — Single director/shareholder proprietary companies
s 198F — Right of access to company books

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