Chairing directors’ meetings (replaceable rule see section 135)
(1) The directors may elect a director to chair their meetings. The directors may determine the period for which the director is to be the chair. (2) The directors must elect a director present to chair a meeting, or part of it, if: (a) a director has not already been elected to chair the meeting; or (b) a previously elected chair is not available or declines to act, for the meeting or the part of the meeting.
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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