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In forceAmended2020 Revised Edition
Contents

Part 5 · Management and Administration

157A. Powers of directors

Amended

Last amended by an amending law of 2014.

(1)

The business of a company is to be managed by, or under the direction or supervision of, the directors.

(2)

The directors may exercise all the powers of a company except any power that this Act or the constitution of the company requires the company to exercise in general meeting.

Report

Part 6

Financial Statements and Audit

Part 7

Arrangements, Reconstructions and Amalgamations

Part 8

Part 8A

Part 9

Investigations

Part 10

Dissolution

Part 10A

Transfer of Registration

Part 11

Various Types of Companies, Etc.

Part 11A

Register of Controllers, Nominee Directors and Nominee Shareholders of Companies

Part 12

General

Schedules