Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1272b
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1272B
Character Range: 5365615–5366627

1272B  Meaning of eligible officer
 (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).
Note: This subsection has a modified operation in relation to CCIVs: see section 1242.
 (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.