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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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The Corporations Aboriginal and Torres Strait Islander Act sets out the duties required of directors and other officers. This body then represents the members in accordance with its agreed constitution.

Where a corporation is experiencing difficulties, the Registrar may intervene to support and restore it to operational order, or restructure it to enable it to better meet its aims, objectives and obligations to its members see Special Administration below. Any uncommenced amendments affecting the law are accessible on the Legislation Register www.

ORIC and CATSI Act | Prescribed Bodies Corporate

Skip to main content Skip to section navigation. Internal governance rules requirement Members’ rights As a member of a corporation you have certain rights. The effect of uncommenced amendments is not shown in the text of the compiled law. Lodge online [ pdfkB].

Legislation update

Related party financial benefits Published: General report Financial report Audit report Directors’ report. Call ORIC on Minute of meetings [ pdfkB].

A corporation’s rule book A4 single pages [ pdfkB] A corporation’s rule book A3 spreads [ pdfkB]. Dispute resolution – A4 pages [ pdfkB]. These duties are consistent with the duties under common law and in the Corporations Act For more information avt discussion, please contact our Native title and cultural heritage team.

For more information on any uncommenced caatsi, see the series page on the Caatsi Register for the compiled law. Act applies regardless of residence, place of formation etc.

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General report Financial report Audit report Directors’ report Adapted from CATSI corporation size and reporting fact sheet Special Administration If a PBC is not compliant with the CATSI Act or is experiencing financial or governance issues that may impact catis its sct to meet its obligations to its members and native title holders, under the special administration provisions in the CATSI Act the Registrar may appoint a special administrator to safeguard the corporation for a specified period of time.

Call ORIC on Corporate governance Who does what Meetings Resolutions and voting Changing rules Financial records Lodging reports Making a complaint Resolving disputes Closing a corporation Regulatory activities Resources Charity registration.

Skip to main content Skip to section navigation. Meetings for members Published: Run a corporation Understand what the corporation is there for, what it is able to do and how it is to be managed.

ORIC and CATSI Act

The Regulations repealed the Corporations Aboriginal and Torres Strait Islander Regulations on 1 Octoberwhich were due to sunset on the same day.

Duties of directors and other officers The Corporations Aboriginal and Torres Strait Islander Act sets out the duties required of directors and other officers.

Complaints involving corporations fact sheet [ pdfkB] Complaints involving corporations post card DL [ pdfkB]. Corporation comes into existence cahsi registration If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law.

They’re also available in hard copy—call or email publications oric. The notes at the cati of this compilation the endnotes include information about amending laws and the amendment history of provisions of the compiled law. Body corporate registered as Aboriginal and Torres Strait Islander corporation modification by regulations Civil consequences of contravening civil penalty provisions 6.

Application, saving and transitional provisions for provisions and amendments 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. If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes. This means corporations will always be owned and controlled by Aboriginal and Torres Strait Islander people.

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Registrar may grant application if application is incomplete etc. About our courses Courses schedule —19 Training courses —18 Training courses —17 Training courses —16 Training courses — OR financial report based on reports to government funders if eligible.

Registrar not to register trade unions etc Becoming a corporation member A3 spread [ pdf1. This fact sheet provides a summary of what’s usually in a rule book and provides a list of provisions from the CATSI Act that deal with the internal governance of corporations. For example section 2 of the Act states that applications for membership of a corporation must be in writing.

Amalgamation—information for existing corporations A3 spread [ pdfkB] Amalgamation—information for existing corporations A4 single [ pdfkB].

Endnote 1—About the endnotes. Start a corporation Find out about registration options and what to do to register a corporation. Prime Minister and Cabinet. What this Part is about Corporation size and reporting A4 pages [ pdfkB].

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT (NO. , )

Accordingly, this compilation does not show the text of the compiled law as modified. Previous article Next article.

This determination provides an exemption to corporations who may be using an auditor or audit firm whose registration is not certain. General report Financial report Audit report. Read more about starting a corporation.