Cash Distribution Framework Act 2026
109Appointment of 2 or more statutory managers of body corporate
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109 Appointment of 2 or more statutory managers of body corporate
If there are 2 or more statutory managers of a body corporate:
(a) the functions and powers of a statutory manager of the body corporate may be performed or exercised by any one of them, or by any 2 or more of them together, subject to any limits or conditions specified in notices given under subsection 93(6); and
(b) a reference in this Act to a statutory manager, or to the statutory manager, of the body corporate is a reference to whichever one or more of those statutory managers the case requires.