Commonwealth Numbered Acts

AUSTRALIAN POSTAL CORPORATION ACT 1989 No. 64 of 1989 - SECT 69

69. (1) If at least the required minimum number of directors sign a document
containing a statement that they are in favour of a resolution in terms set
out in the document, a resolution in those terms shall be taken to have been
passed at a meeting of the Board held on the day on which the document is
signed or, if the directors do not sign it on the same day, on the day on
which the last director signs the document.

(2) If a resolution is, under subsection (2), taken to have been passed at a
meeting of the Board, each director shall immediately be advised of the matter
and given a copy of the terms of the resolution.

(3) For the purposes of subsection (1), 2 or more separate documents
containing a statement in identical terms, each of which is signed by one or
more directors, shall be taken to constitute one document.