Document ID: chunk:federal_register_of_legislation:F2023L00120:reg:4
Version: federal_register_of_legislation:F2023L00120
Segment Type: reg
Provision Reference: reg 4
Character Range: 1522–2629

4  Classes of persons who are not eligible officers

 (1) For the purposes of subsection 1272B(3) of the Corporations Act 2001, the classes of persons specified in subsections (2) and (3) are not eligible officers.

 (2) A person who:

            (a) was:
              (i) an eligible officer, within the meaning of the Corporations Act 2001, immediately before 4 April 2021; or
              (ii) not an eligible officer immediately before 4 April 2021, but became an eligible officer between 4 April 2021 and 31 October 2021; and
            (b) does not hold any role as an appointed director or alternate director acting in that capacity (regardless of the name given to that position) of a company, a body corporate that is a registered Australian body, a registered foreign company, or an Aboriginal and Torres Strait Islander corporation after 30 November 2022; and
            (c) does not have a director identification number.

 (3) A person who:

            (a) would otherwise be an eligible officer within the meaning of the Corporations Act 2001; and
            (b) is not an individual.