Co-operatives National Law (Queensland)
sec.174Qualification of directors
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sec.174 Qualification of directors
A person is not qualified to be a director of a co-operative unless he or she is— a person who is an active member of the co-operative or a representative of a corporation that is an active member of the co-operative (a member director ); or a person who is qualified as provided by the rules of the co-operative (a non-member director ) and who is not an active member of the co-operative. A non-member director either is not a member of the co-operative or is an inactive member of the co-operative. The majority of directors must be member directors. Subsection (2) does not prevent the rules of a co-operative requiring that a greater number of directors than a majority must be member directors. An employee of a co-operative is not precluded from being a member director or non-member director of the co-operative if he or she is otherwise qualified. (sec.174-ssec.1) A person is not qualified to be a director of a co-operative unless he or she is— a person who is an active member of the co-operative or a representative of a corporation that is an active member of the co-operative (a member director ); or a person who is qualified as provided by the rules of the co-operative (a non-member director ) and who is not an active member of the co-operative. A non-member director either is not a member of the co-operative or is an inactive member of the co-operative. (sec.174-ssec.2) The majority of directors must be member directors. (sec.174-ssec.3) Subsection (2) does not prevent the rules of a co-operative requiring that a greater number of directors than a majority must be member directors. (sec.174-ssec.4) An employee of a co-operative is not precluded from being a member director or non-member director of the co-operative if he or she is otherwise qualified.
- (a) a person who is an active member of the co-operative or a representative of a corporation that is an active member of the co-operative (a member director ); or
- (b) a person who is qualified as provided by the rules of the co-operative (a non-member director ) and who is not an active member of the co-operative. Note. A non-member director either is not a member of the co-operative or is an inactive member of the co-operative.