The CATSI Act has similarities with the Corporations Act (Cth), which governs the operation of companies in Australia, but has been. Items 45 – 62 Corporations (Aboriginal and Torres Strait Islander) Act Authoritative Version. – CC; In force – Latest Version; View Series. Key issues Technical Review of CATSI Act Brief summary of proposed changes published by ORIC – this does not address any specific.

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OR financial report based on reports to government funders if eligible. Corporation may have common seal The rule book has three parts:. Members’ rights As a member of a corporation you have certain rights. Aboriginal and Torres Strait Islander corporations This fact sheet covers the business of directors’ meetings, how to call and prepare for a meeting, running the meeting and what to do after.

In the s and s, various reviews advised the Australian Government of the need for legislation to make it easier for Indigenous communities and organisations to form corporations. Becoming a corporation member A3 spread [ pdf1.

Skip to primary navigation Skip to primary content. What this Chapter is about Minimum number of members requirement The fact sheets below are short and provide information on catwi topics about the CATSI Act and running corporations. Minute of meetings [ pdfkB].

Corporations (Aboriginal and Torres Strait Islander) Act

Related party financial benefits A4 single page [ pdfkB] Related party financial benefits A3 spread [ pdfkB]. Registrar not to register trade unions etc The effect of uncommenced amendments is not shown in the text of the compiled law. Matters to accompany application Increased flexibility and simplicity for corporations which want cztsi voluntarily deregister or appoint a special administrator.


About our courses Courses schedule —19 Training courses —18 Training courses —17 Training courses —16 Training courses — Skip to main content Skip to section navigation.

Dispute resolution Poorly handled disputes can significantly affect a corporation, its members and everyday business. The level of reporting required ; What records must be kept by PBCs ; Duties of directors and managers ; Member rights ; and the role of ctsi Registrar and special administration. Related topics Read more about starting a corporation. If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Resources Free templates, model rules, checklist and publications. This wct provides an exemption to corporations who may be using an auditor or audit firm whose registration is not certain. It is proposed to make it easier for corporations to create subsidiaries sct set up business structures. Includes amendments up to: For more information or discussion, please contact our Native title and cultural heritage team.

About the CATSI Act

The register contains key information including contact information and copies of public documents such as PBC constitutions ORIC website. The Registrar may intervene in the operations of a PBC ccatsi order to: General report Financial report Audit report Directors’ report. Becoming a corporation member Published: More information is available from the ORIC website.

About our courses Courses schedule —19 Training courses —18 Training courses —17 Training courses —16 Training courses — This means corporations will always be owned and controlled by Aboriginal caatsi Torres Strait Islander people. The Regulations repealed the Corporations Aboriginal and Torres Strait Islander Regulations on 1 Octoberwhich were due to sunset on the same day.



It includes guidance on: Any uncommenced amendments affecting the law are accessible on the Legislation Register www. Corporation size is calculated as follows: Start a corporation Find out about registration options and what to do to register a corporation.

Medium and large size corporations will be required to report details regarding management personnel, including salaries and work history. Jonathan is a Partner and the head of our leading Resources and Energy practice in Brisbane and is also the leader of our Native Acy practice.

For example, setting out cqtsi detail of corporation reports. Before making a special administration decision, the Registrar has the discretionary powers to take into account a PBCs particular circumstances, such as its size, whether it is located in a regional or remote area and its core business.

ORIC and CATSI Act | Prescribed Bodies Corporate

If you know what they are, it puts you in a better position to play an active part in your corporation. Body corporate registered as Aboriginal and Torres Strait Islander corporation modification by regulations Previous article Next article.

If a corporation is open to membership this rule must be included in its rule book. You can lodge at online.