Co-operative Housing and Starr-Bowkett Societies Act 1998
90Board of directors
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90 Board of directors
90 Board of directors
(1) The business and operations of a society are to be managed and controlled by a board of directors.
(2) Subject to this section, the board may exercise all the powers of the society.
(3) The powers of the board are subject to any restrictions imposed by this Act, applicable standards and the society’s rules.
(4) Every director acting in the society’s business or operations under a resolution duly passed by the board is taken to be acting as the society’s duly authorised agent.
(5) Anything done by or in relation to a director is not invalid merely because of a defect or irregularity in the director’s election or appointment.