Document ID: chunk:federal_register_of_legislation:C2025C00115:section:16
Version: federal_register_of_legislation:C2025C00115
Segment Type: section
Provision Reference: s 16
Character Range: 32608–33225

16  Power to appoint director
 (1) A reference in this Act 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 this Act, 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.