◈Definition
Section 165 sets general limits of 20 directorships and 10 public-company directorships, with specific counting rules. Alternate directorships count; dormant-company directorships are excluded from the 20-company calculation. Certain private holding or subsidiary companies of public companies count for the public-company limit, and conditional Section 8 exemptions can apply. Members may impose a lower limit. Current appointments and these additional facts must be verified; a directory row count is not an eligibility assessment.
◉See also
⬢Related guide
Official references and corrections
References explain the underlying rules. They do not certify a particular company, director or CorpIntel record. Check current amendments, notifications and the documents for your situation.
Team CorpIntel
Editorial & Research Desk
CorpIntel's publishing desk for company data explainers and corporate research guides.