CORPORATIONS ACT 2001 - SECT 206HB Part does not apply to Aboriginal and Torres Strait Islander corporations

CORPORATIONS ACT 2001 - SECT 206HB

    This Part does not apply, of its own force, to disqualify a person from managing a corporation that is an Aboriginal and Torres Strait Islander corporation.

Note 1:   Subsection   279 - 5(5) of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 provides that a person who is disqualified from managing corporations under this Part will be automatically disqualified under Part   6 - 5 of that Act from managing Aboriginal and Torres Strait Islander corporations.

Note 2:   Similarly, subsection   206B(5) of this Act provides that a person who is disqualified from managing Aboriginal and Torres Strait Islander corporations under Part   6 - 5 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 will be automatically disqualified under this Part from managing corporations.

Note:   This Part does not apply to a CCIV: see section   1224E.