Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 179

Simplified outline of this Part

This Part sets out some of the most significant duties of directors, secretaries, other officers and employees of corporations. Other duties are imposed by other provisions of this Act and other laws (including the general law).

Note:   For a CCIV there are additional duties, see Divisions   2 and 3 of Part   8B.3.

The officers of a corporation include, as well as its directors and secretaries, some other people who manage the corporation or its property (such as receivers and liquidators).

Note:   For the definitions of director and officer , see sections   9AC and 9AD.

Note:   This Division applies in relation to CCIVs in a modified form: see sections   1224C.


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