Document ID: chunk:federal_register_of_legislation:C2004A05097:clause:1_6
Version: federal_register_of_legislation:C2004A05097
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 80425–81076

6  Power to appoint director

 (1) A reference in the ownership provisions to a power to appoint a director includes a reference to such a power whether exercisable with or without the consent or concurrence of any other person.

 (2) For the purposes of the ownership provisions, a person is taken to have the power to appoint a director if:
 (a) the person has the power (whether exercisable with or without the consent or concurrence of any other person) to veto such an appointment; or
 (b) a person's appointment as a director of the company follows necessarily from that person being a director or other officer of the first-mentioned person.