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State Owned Corporations Act 1989
10Directors
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10 Directors
10 Directors
(1) The directors of a company SOC are to be persons who, in the opinion of those appointing them, will assist the SOC to achieve its principal objectives.
(2) The board is accountable to the voting shareholders in the manner set out in Part 4 and in the constitution of the SOC.
s 10: Am 1995 No 32, Sch 1 [11]; 1998 No 120, Sch 2.32 [1]; 2001 No 34, Sch 4.58 [4].