All sections · Part VII: Directors · Sub-Part II: Appointment, Removal and Resignation of Directors

143 Validade dos atos do Diretor

This section has been amended. The text above is the 2016 wording; the amending provisions follow.

Os atos de uma pessoa agindo como diretor são válidos mesmo que mais tarde se descubra que -.
(a) a nomeação da pessoa como diretor estava errada;
(b) a pessoa está proibida de servir como diretor, nos termos da seção 132;
(c) a pessoa se demitiu do cargo; ou
(d) a pessoa não tinha direito a voto sobre o assunto em questão.
Subseção III - Deveres dos Diretores e Conflitos

Translation for information only. Only the English original is legally binding.

Original wording (English, legally binding): Validity of acts of director
The acts of a person acting as a director are valid notwithstanding that it is
later discovered that —


(a) the person‘s appointment as a director was defective;

(b) the person is prohibited from acting as a director under section 132;

(c) the person had ceased to hold office; or

(d) the person was not entitled to vote on the matter in question.

Amended since 2016

Act 32 of 2021 · 2021-08-02
25. Section 143(b) of the principal Act is amended, by repealing the
words “section 132”, and substituting therefor the words “section 133”.
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