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CORPORATIONS ACT 2001 - SECT 1272B

Eligible officers

             (1)  An eligible officer is:

                     (a)  a director of a company, or of a body corporate that is a registered Australian body or registered foreign company, who:

                              (i)  is appointed to the position of a director; or

                             (ii)  is appointed to the position of an alternate director and is acting in that capacity;

                            regardless of the name that is given to that position; or

                     (b)  any other officer of a company, or of a body corporate that is a registered Australian body or registered foreign company, who is an officer of a kind prescribed by the regulations;

but does not include a person covered by a determination under subsection (2) or (3).

             (2)  The Registrar may determine that a particular person is not an eligible officer . The Registrar must notify the person of the determination.

             (3)  The Registrar may, by legislative instrument, determine that a class of persons are not eligible officers .



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