Section 434F — Corporations Act 2001 (Cth)

If 2 or more persons have been appointed as controllers of property of a corporation:

(a) a function or power of a controller of property of the corporation may be performed or exercised by any one of them, or by any 2 or more of them together, except so far as the order or instrument appointing them otherwise provides; and

(b) a reference in this Act to a controller, or to the controller, of property of a corporation is, in the case of the first‑mentioned corporation, a reference to whichever one or more of those controllers the case requires.

Related sections

• s 434C — Effect of sections 434A and 434B
• s 434D — Appointment of 2 or more receivers of property of a corporation
• s 434E — Appointment of 2 or more receivers and managers of property of a corporation
• s 434G — Appointment of 2 or more managing controllers of property of a corporation
• s 434H — Regulations may provide for reporting to ASIC
• s 434J — Stay on enforcing rights merely because of the appointment of a managing controller of a corporation’s property etc.

Research how courts apply s 434F

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.