"Corporations Act 2001 s 201B director eligibility rules"
Corporations Act 2001 (Cth) s 201B allows only an individual who is at least 18 to be appointed as a company director, and permits a person disqualified under Part 2D.6 to be appointed only with ASIC permission or Court leave.
This is a human-established fact, not a universal axiom. It is true within CTH as enacted by Federal Register of Legislation.
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Answer
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Corporations Act 2001 (Cth) s 201B states who can be appointed as a director of a company. Only an individual who is at least 18 may be appointed. A person disqualified from managing corporations under Part 2D.6 may be appointed only if the appointment is made with ASIC permission under s 206GAB or Court leave under s 206G. Official source checked: Federal Register of Legislation, Corporations Act 2001 current text, s 201B. Dogfood note: Source search for s 201B did not surface a native Corporations Act s 201B row; it returned adjacent proposed directors topics and unrelated CCA rows.
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