Contents

Chapter 1--Introduction                                                                                                      1

Part 1‑1--Preliminary                                                                                                            1

Division 1--Preliminary                                                                                               1

1‑1......... Short title [see Note 1] ....................................................................... 1

1‑5......... Commencement .................................................................................. 1

1‑10....... Act binds Crown ................................................................................ 1

1‑15....... Geographical application of Act ......................................................... 2

1‑20....... Act applies regardless of residence, place of formation etc. ............... 2

1‑25....... Objects of this Act ............................................................................. 2

1‑30....... Office of the Registrar of Aboriginal and Torres Strait Islander Corporations         3

1‑35....... Interpretative provisions .................................................................... 3

Part 1‑2--Overview of Act                                                                                                  4

Division 6--Overview of Act                                                                                     4

6‑1......... Overview of Act ................................................................................. 4

6‑5......... Aboriginal and Torres Strait Islander corporations ............................ 4

6‑10....... Basic features of an Aboriginal and Torres Strait Islander corporation 4

6‑15....... Members and observers ...................................................................... 5

6‑20....... Meetings ............................................................................................. 5

6‑25....... Officers ............................................................................................... 5

6‑30....... Record keeping, reporting requirements and books ............................ 5

6‑35....... Civil consequences of contravening civil penalty provisions ............. 5

6‑40....... Lodgments and registers ..................................................................... 6

6‑45....... Regulation and enforcement ................................................................ 6

6‑50....... External administration ....................................................................... 6

6‑55....... Transfer of registration, deregistration and unclaimed property ........ 6

6‑60....... Offences .............................................................................................. 7

6‑65....... Courts and proceedings ...................................................................... 7

6‑70....... Administration .................................................................................... 7

6‑75....... Registrar and Deputy Registrars of Aboriginal and Torres Strait Islander Corporations         7

6‑80....... Interpreting this Act ........................................................................... 7

Chapter 2--Aboriginal and Torres Strait Islander corporations                  8

Part 2‑1--Introduction                                                                                                           8

Division 16--Introduction                                                                                           8

16‑1....... What this Chapter is about ................................................................. 8

16‑5....... Meaning of Aboriginal and Torres Strait Islander corporation ......... 8

Part 2‑2--Applications for registration of an Aboriginal and Torres Strait Islander corporation 9

Division 21--Application for new registration of an Aboriginal and Torres Strait Islander corporation                                                                                                                         9

21‑1....... Application for registration ................................................................ 9

21‑5....... Matters to accompany application .................................................. 10

21‑10..... Registrar may seek further information ............................................ 11

Division 22--Application to register existing body corporate under Part 2‑3    12

22‑1....... Application for registration .............................................................. 12

22‑5....... Matters to accompany application .................................................. 14

22‑10..... Registrar may seek further information ............................................ 15

Division 23--Application to register amalgamated corporation under Part 2‑3                16

23‑1....... Application for registration .............................................................. 16

23‑5....... Matters to accompany application .................................................. 18

23‑10..... Registrar may seek further information ............................................ 18

Part 2‑3--Decisions on applications                                                                            20

Division 26--Registrar to decide application                                                 20

26‑1....... Registrar to decide application ......................................................... 20

26‑5....... Registrar may grant application if application is incomplete etc. .... 22

26‑10..... Registrar may grant application if some basic requirements are not met 22

26‑15..... Registrar not to register trade unions etc. ......................................... 23

Division 29--What are the basic requirements for registration?        24

29‑1....... Minimum number of members requirement ..................................... 24

29‑5....... Indigeneity requirement .................................................................... 24

29‑10..... Age of members requirement ............................................................ 24

29‑15..... Pre‑incorporation requirement .......................................................... 24

29‑17..... Pre‑transfer of registration requirement ............................................ 25

29‑18..... Creditor notice requirement .............................................................. 27

29‑19..... Pre‑amalgamation requirements ........................................................ 28

29‑20..... Internal governance rules requirement .............................................. 30

29‑25..... Name requirement ............................................................................. 30

Division 32--Decisions on applications                                                             31

32‑1....... Successful applications ..................................................................... 31

32‑5....... Unsuccessful applications ................................................................ 31

Part 2‑4--Registration of an Aboriginal and Torres Strait Islander corporation as a small, medium or large corporation                                                                                                              33

Division 37--Registration of an Aboriginal and Torres Strait Islander corporation as a small, medium or large corporation                                                                                  33

37‑1....... Registrar to register Aboriginal and Torres Strait Islander corporation as a small, medium or large corporation     33

37‑5....... Registrar may alter registered size of corporation after registration . 34

37‑10..... Small, medium and large corporations .............................................. 35

37‑15..... When an Aboriginal and Torres Strait Islander corporation controls an entity        36

37‑20..... Counting employees ......................................................................... 36

37‑25..... Accounting standards ....................................................................... 37

Part 2‑5--Effects of registration                                                                                   38

Division 42--Effects of registration                                                                     38

42‑1....... Corporation comes into existence on registration ............................. 38

42‑3....... Effect of registration of existing body corporate under Part 2‑3 ...... 38

42‑4....... Effect of registration of amalgamated corporation under Part 2‑3 .... 38

42‑5....... Corporation's name .......................................................................... 42

42‑10..... Members, directors, corporation secretary and contact person of corporation       42

42‑15..... Registered office ............................................................................... 43

42‑20..... Document access address ................................................................. 43

42‑25..... Corporation may have common seal ................................................ 44

42‑30..... Vesting of property in corporation on registration .......................... 44

42‑35..... Body corporate registered as Aboriginal and Torres Strait Islander corporation (liability of members on winding up) .......................................................................................................... 45

42‑40..... Body corporate registered as Aboriginal and Torres Strait Islander corporation (modification by regulations)      46

42‑45..... Registration of amalgamated corporation (liability of members on winding up)      46

42‑50..... Registration of amalgamated corporation (modification by regulations) 47

Part 2‑6--Arrangements and reconstructions                                                       48

Division 45--Application of Corporations Act arrangements and reconstructions provisions                 48

45‑1....... Applying Corporations Act arrangements and reconstructions provisions to Aboriginal and Torres Strait Islander corporations ...................................................................................... 48

Chapter 3--Basic features of an Aboriginal and Torres Strait Islander corporation           50

Part 3‑1--Introduction                                                                                                         50

Division 52--Introduction                                                                                         50

52‑1....... What this Chapter is about ............................................................... 50

Part 3‑2--Rules dealing with the internal governance of corporations   51

Division 57--Introduction                                                                                         51

57‑1....... What this Part is about ..................................................................... 51

57‑5....... List of internal governance rules ....................................................... 52

Division 60--What are the replaceable rules and when do they apply to a corporation?             57

60‑1....... Replaceable rules .............................................................................. 57

60‑5....... Corporation's constitution can modify or replace replaceable rules 57

60‑10..... Effect of constitution and replaceable rules ...................................... 58

60‑15..... Failure to comply with replaceable rules .......................................... 58

60‑20..... Modification by regulations ............................................................. 58

Division 63--What are the internal governance rules of a corporation?               59

63‑1....... Meaning of internal governance rules ............................................... 59

Division 66--What are the internal governance rules requirements?    60

66‑1....... Requirements .................................................................................... 60

66‑5....... Meaning of cover the matters provided for in the replaceable rules 61

Division 69--Constitutions and amendment and replacement of constitutions                 62

Subdivision 69‑A--Constitution on registration                                                 62

69‑1....... Constitution of an Aboriginal and Torres Strait Islander corporation 62

Subdivision 69‑B--Constitutional changes after registration                          62

69‑5....... Overview--ways a constitution may be changed ............................ 62

69‑10..... Meaning of constitutional change etc. .............................................. 63

69‑15..... Extra requirements for constitutional change in constitution ........... 64

69‑20..... Corporation to lodge copy of constitutional changes ....................... 64

69‑25..... Special administrator to lodge copy of constitutional changes ......... 65

69‑30..... Registrar to determine if constitutional change should be registered 65

69‑35..... Registrar may change an Aboriginal and Torres Strait Islander corporation's constitution on own initiative         66

69‑40..... Date of effect of constitutional change ............................................. 68

Division 72--Other matters concerning constitutions etc.                     69

72‑1....... Registrar may direct corporation to lodge constitution .................... 69

72‑5....... Corporation must provide governance material to members ............ 69

72‑10..... Constitution may limit powers ........................................................ 70

Part 3‑3--Minimum number of members of Aboriginal and Torres Strait Islander corporations                 71

Division 77--Minimum number of members of Aboriginal and Torres Strait Islander corporations    71

77‑1....... What this Part is about ..................................................................... 71

77‑5....... Minimum number of members requirement ..................................... 71

77‑10..... Registrar may exempt if appropriate and reasonable to do so ......... 72

77‑15..... Registrar may determine a different number to number requested ... 73

77‑20..... Earlier determination taken to be revoked ........................................ 73

77‑25..... Notice to be given ............................................................................. 73

Part 3‑4--Names                                                                                                                    74

Division 82--Introduction                                                                                         74

82‑1....... What this Part is about ..................................................................... 74

Division 85--What names may a corporation have?                                   75

85‑1....... Corporation's name requirements .................................................... 75

85‑5....... Available names ................................................................................ 76

85‑10..... Acceptable abbreviations .................................................................. 77

85‑15..... Using a name and ICN on documents ............................................... 78

85‑20..... Exception to requirement to have ICN on receipts .......................... 78

85‑25..... Regulations may exempt from requirement to set out information on documents   79

Division 88--How is a corporation's name changed?                                80

88‑1....... Corporation changing its name ......................................................... 80

88‑5....... Registrar's power to direct corporation to change its name ............. 80

88‑10..... If Aboriginal and Torres Strait Islander corporation becomes a registered native title body corporate   81

88‑15..... If Aboriginal and Torres Strait Islander corporation ceases to be a registered native title body corporate              82

88‑20..... Registrar must issue new certificate if name changes ....................... 82

88‑25..... Effect of name change ....................................................................... 83

Part 3‑5--Corporation powers and how they are exercised                          84

Division 93--Introduction                                                                                         84

93‑1....... What this Part is about ..................................................................... 84

Division 96--What are a corporation's powers?                                          85

96‑1....... Legal capacity and powers ............................................................... 85

Division 99--How are a corporation's powers exercised?                     86

99‑1....... Agent exercising a corporation's power to make contracts etc. ....... 86

99‑5....... Execution of documents (including deeds) by the corporation itself 86

Part 3‑6--Assumptions people dealing with Aboriginal and Torres Strait Islander corporations are entitled to make                                                                                                                     88

Division 104--Assumptions people dealing with Aboriginal and Torres Strait Islander corporations are entitled to make                                                                                   88

104‑1..... Entitlement to make assumptions .................................................... 88

104‑5..... Assumptions that can be made under section 104‑1 ........................ 88

104‑10... Information available to the public from Registrar does not constitute constructive notice    90

Part 3‑7--Registered office or document access address                              91

Division 109--Introduction                                                                                      91

109‑1..... What this Part is about ..................................................................... 91

Division 112--Registered office                                                                            92

112‑1..... General .............................................................................................. 92

112‑5..... Corporation to have registered office ............................................... 92

112‑10... Registrar may change address of registered office to a director's address                93

112‑15... Corporation's name must be displayed ............................................ 94

112‑20... Address of registered office etc. ....................................................... 94

Division 115--Document access address                                                         96

115‑1..... Division applies to Aboriginal and Torres Strait Islander corporations registered as small or medium corporations .......................................................................................................... 96

115‑5..... Corporation to have document access address ................................. 96

115‑10... Registrar may change document access address to a director's address   97

115‑15... Registrar may direct corporation to change the location of its document access address         98

115‑20... Address of document access address ................................................ 98

Part 3‑8--Service on Aboriginal and Torres Strait Islander corporations 100

Division 120--Service on Aboriginal and Torres Strait Islander corporations 100

120‑1..... Service on Aboriginal and Torres Strait Islander corporation ......... 100

Chapter 4--Members and observers                                                                       102

Part 4‑1--Introduction                                                                                                       102

Division 130--Introduction                                                                                    102

130‑1..... What this Chapter is about ............................................................. 102

Part 4‑2--Members                                                                                                            103

Division 135--Introduction                                                                                    103

135‑1..... What this Part is about ................................................................... 103

Division 138--Who is a member of an Aboriginal and Torres Strait Islander corporation?       104

138‑1..... Meaning of member ........................................................................ 104

Division 141--Membership of Aboriginal and Torres Strait Islander corporations        105

Subdivision 141‑A--Introduction                                                                          105

141‑1..... Overview ........................................................................................ 105

Subdivision 141‑B--Ongoing requirements relating to membership that are imposed on an Aboriginal and Torres Strait Islander corporation                                                                   105

141‑5..... Minimum number of members requirement ................................... 105

141‑10... Indigeneity requirement .................................................................. 105

141‑15... Age of members requirement .......................................................... 106

Subdivision 141‑C--A person's eligibility for membership of an Aboriginal and Torres Strait Islander corporation                                                                                                        106

141‑20... Eligibility for membership .............................................................. 106

141‑25... Corporation may have other eligibility requirements for membership 106

Division 144--How to become a member of an Aboriginal and Torres Strait Islander corporation       107

144‑1..... How does a person become a member? .......................................... 107

144‑5..... Application to corporation ............................................................. 107

144‑10... Determination of applications for membership .............................. 107

144‑15... Fees for membership and being an observer ................................... 109

Division 147--Obligations of members                                                           110

147‑1..... Obligation to contribute on winding up .......................................... 110

147‑5..... Corporation may impose other member obligations ...................... 110

147‑10... Liability of corporation members ................................................... 110

Division 150--How does a person cease to be a member of an Aboriginal and Torres Strait Islander corporation?                                                                                         111

Subdivision 150‑A--General                                                                                 111

150‑1..... Cessation of membership ............................................................... 111

Subdivision 150‑B--Resignation of membership                                              111

150‑10... Resignation ..................................................................................... 111

Subdivision 150‑C--Cancellation of membership                                             112

150‑15... General ............................................................................................ 112

150‑20... Member not eligible for membership etc. (replaceable rule--see section 60‑1)       113

150‑25... Member not contactable ................................................................. 114

150‑30... Member is not an Aboriginal and Torres Strait Islander person .... 115

150‑35... Member misbehaves ....................................................................... 116

Division 153--Can there be different classes of members?                118

153‑1..... Different classes of members .......................................................... 118

Part 4‑3--Observers                                                                                                          119

Division 158--Observers                                                                                        119

158‑1..... What this Part is about ................................................................... 119

158‑5..... Observers ........................................................................................ 119

Part 4‑4--Protection of members' interests                                                         121

Division 163--Rights and remedies to protect interests of members 121

163‑1..... Rights and remedies ........................................................................ 121

Division 166--Oppressive conduct of affairs                                                122

166‑1..... Grounds for Court order ................................................................. 122

166‑5..... Orders the Court can make ............................................................. 122

166‑10... Who can apply for an order? .......................................................... 124

166‑15... Requirement for person to lodge order ........................................... 124

Division 169--When may a person bring or intervene in proceedings on behalf of an Aboriginal and Torres Strait Islander corporation?                                         125

169‑1..... Bringing, or intervening in, proceedings on behalf of a corporation 125

169‑5..... Applying for and granting leave ..................................................... 126

169‑10... Substitution of another person for the person granted leave .......... 127

169‑15... Effect of ratification by members ................................................... 128

169‑20... Leave to discontinue, compromise or settle proceedings brought, or intervened in, with leave               129

169‑25... General powers of the Court .......................................................... 129

169‑30... Power of the Court to make costs orders ....................................... 130

Division 172--What protections apply to variations or cancellations of class rights?    131

172‑1..... Varying and cancelling class rights .................................................. 131

172‑5..... Certain actions taken to vary rights etc .......................................... 132

172‑10... Variation, cancellation or modification without unanimous support of class           132

172‑15... Variation, cancellation or modification with unanimous support of class                133

Division 175--When may a member inspect a corporation's books? 134

175‑1..... Order for inspection of books of corporation ................................ 134

175‑5..... Ancillary orders .............................................................................. 135

175‑10... Disclosure of information acquired in inspection ........................... 135

175‑15... Corporation or directors may allow member to inspect books (replaceable rule--see section 60‑1)      135

Part 4‑5--Registers of members and former members                                 136

Division 180--Registers of members and former members                136

180‑1..... Aboriginal and Torres Strait Islander corporations to maintain register of members               136

180‑5..... Information on the register of members .......................................... 136

180‑10... Aboriginal and Torres Strait Islander corporations to maintain register of former members    137

180‑15... Information on the register of former members .............................. 137

180‑20... Location and inspection of registers ............................................... 137

180‑22... Register of members and register of former members may be maintained in one document     138

180‑25... Right to inspect and get copies ....................................................... 138

180‑30... Aboriginal and Torres Strait Islander corporation to make register of members available at AGM         139

180‑35... Aboriginal and Torres Strait Islander corporation to give Registrar copy of register of members or register of former members .......................................................................................... 140

180‑40... Correction of register of members or register of former members .. 140

180‑45... Evidentiary value of registers ......................................................... 140

Division 183--Use of information on the register of members or register of former members               141

183‑1..... Use of information on register of members or register of former members              141

Part 4‑6--Exemption from operation of certain provisions of this Chapter                143

Division 187--Exemption from operation of certain provisions of this Chapter               143

187‑1..... What this Part is about ................................................................... 143

187‑5..... Exemption from certain provisions of this Chapter ....................... 143

187‑10... Registrar may make determination even if application is incomplete 144

187‑15... Registrar's power to make determinations ..................................... 144

187‑20... Criteria for determinations .............................................................. 145

Chapter 5--Meetings                                                                                                        147

Part 5‑1--Introduction                                                                                                       147

Division 193--Introduction                                                                                    147

193‑1..... What this Chapter is about ............................................................. 147

Part 5‑2--General meetings                                                                                          148

Division 198--Introduction                                                                                    148

198‑1..... What this Part is about ................................................................... 148

Division 201--What are the rules concerning general meetings?    149

Subdivision 201‑A--Who may call general meetings?                                    149

201‑1..... Director may call meetings (replaceable rule--see section 60‑1) ... 149

201‑5..... Request by members for directors to call general meetings ............ 149

201‑10... When must directors comply with members' request? .................. 150

201‑15... When must a requested meeting be held? ....................................... 151

Subdivision 201‑B--How to call general meetings                                            151

201‑20... Amount of notice of general meetings ............................................ 151

201‑25... Notice of general meeting to members, officers and observers ....... 152

201‑30... Auditor entitled to notice and other communications .................... 153

201‑35... Contents of notice of general meeting ............................................. 154

Subdivision 201‑C--Members' rights to put resolutions etc. to general meeting               154

201‑40... Members' resolutions ..................................................................... 154

201‑45... Notice of members' resolutions ...................................................... 155

201‑50... Members' statements to be distributed .......................................... 156

Subdivision 201‑D--Holding general meetings                                                 157

201‑55... Purpose ........................................................................................... 157

201‑60... Time and place for general meeting ................................................. 157

201‑65... Technology ..................................................................................... 157

201‑70... Quorum ........................................................................................... 158

201‑75... Chairing general meeting (replaceable rule--see section 60‑1) ....... 159

201‑80... Auditor's right to be heard at general meetings .............................. 159

201‑85... Adjourned meetings ........................................................................ 160

Subdivision 201‑E--Proxies                                                                                   160

201‑90... Who may appoint a proxy (replaceable rule--see section 60‑1) ... 160

201‑95... Rights of proxies ............................................................................. 161

201‑100. Appointing a proxy ........................................................................ 162

201‑105. Proxy documents ............................................................................ 163

201‑110. Body corporate representative ....................................................... 164

Subdivision 201‑F--Voting at general meetings                                               164

201‑115. How many votes a member has (replaceable rule--see section 60‑1) 164

201‑120. Objections to right to vote (replaceable rule--see section 60‑1) .... 165

201‑125. How voting is carried out (replaceable rule--see section 60‑1) ..... 165

201‑130. Matters on which a poll may be demanded .................................... 165

201‑135. When a poll is effectively demanded .............................................. 166

201‑140. When and how polls must be taken (replaceable rule--see section 60‑1)                166

Subdivision 201‑G--First general meeting and annual general meetings   167

201‑145. Corporation must hold first general meeting within 3 months of registration          167

201‑150. Corporation must hold AGM ........................................................ 167

201‑155. Extension of time for holding AGM ............................................... 167

201‑160. Business of AGM .......................................................................... 168

201‑165. Questions and comments by members on corporation management at AGM         168

201‑170. Questions by members of auditors at AGM .................................. 168

Division 204--Resolutions without a general meeting                           170

204‑1..... Circulating resolutions .................................................................... 170

204‑5..... Resolutions of 1 member corporations ........................................... 171

Part 5‑3--Directors' meetings                                                                                      172

Division 209--Introduction                                                                                    172

209‑1..... What this Part is about ................................................................... 172

Division 212--What are the rules concerning directors' meetings? 173

212‑1..... Constitution to provide for meetings ............................................. 173

212‑5..... Calling directors' meetings (replaceable rule--see section 60‑1) .... 173

212‑10... Use of technology ........................................................................... 173

212‑15... Chairing directors' meetings (replaceable rule--see section 60‑1) . 173

212‑20... Quorum at directors' meetings ....................................................... 174

212‑25... Passing of directors' resolutions (replaceable rule--see section 60‑1) 174

Division 215--Resolutions and declarations without meetings          175

215‑1..... Circulating resolutions of corporation with more than 1 director (replaceable rule--see section 60‑1)   175

215‑5..... Resolutions and declarations of 1 director corporation .................. 175

Part 5‑4--Minutes of meetings                                                                                    177

Division 220--Minutes of meetings                                                                  177

220‑1..... What this Part is about ................................................................... 177

220‑5..... Minutes .......................................................................................... 177

220‑10... Members' access to minutes .......................................................... 179

Part 5‑5--Exemption from operation of this Chapter                                      181

Division 225--Exemption from operation of this Chapter                    181

225‑1..... What this Part is about ................................................................... 181

225‑5..... Exemption from the provisions of this Chapter ............................. 181

225‑10... Registrar may make determination even if application is incomplete 182

225‑15... Registrar's power to make determinations ..................................... 182

225‑20... Criteria for determinations .............................................................. 183

Chapter 6--Officers                                                                                                           184

Part 6‑1--Introduction                                                                                                       184

Division 235--Introduction                                                                                    184

235‑1..... What this Chapter is about ............................................................. 184

Part 6‑2--Appointment, remuneration and cessation of appointment of directors                 185

Division 240--Introduction                                                                                    185

240‑1..... What this Part is about ................................................................... 185

Division 243--Number of directors                                                                   186

243‑1..... Minimum number of directors ........................................................ 186

243‑5..... Maximum number of directors ....................................................... 186

Division 246--Appointment of directors                                                        187

246‑1..... Eligibility for appointment as a director ......................................... 187

246‑5..... Majority of director requirements .................................................. 187

246‑10... Consent to act as director ............................................................... 188

246‑15... Corporation may appoint a director (replaceable rule--see section 60‑1)               188

246‑20... Directors may appoint other directors to make up a quorum (replaceable rule--see section 60‑1)        188

246‑25... Term of appointment ..................................................................... 189

246‑30... Alternate directors (replaceable rule--see section 60‑1) ................ 189

246‑35... Effectiveness of acts by directors ................................................... 190

Division 249--Resignation, retirement or removal of directors        191

249‑1..... How does a person cease to be a director? ..................................... 191

249‑5..... Director may resign ........................................................................ 191

249‑10... Removal by members ..................................................................... 191

249‑15... Removal by other directors ............................................................ 193

Division 252--Remuneration of directors                                                      196

252‑1..... Remuneration .................................................................................. 196

252‑5..... Members may obtain information about directors' remuneration .. 196

Part 6‑3--Appointment of secretaries and contact persons                        199

Division 257--Appointment of secretaries and contact persons       199

257‑1..... What this Part is about ................................................................... 199

257‑5..... Requirement to have a secretary or contact person ........................ 199

257‑10... Who may be a secretary or contact person .................................... 200

257‑15... Consent to act as secretary or contact person ................................ 200

257‑20... How a secretary or contact person is appointed ............................ 201

257‑25... Director to be contact person in certain circumstances .................. 201

257‑30... Contact person must pass on communications received ................ 201

257‑35... Secretary must pass on communications received .......................... 202

257‑40... Effectiveness of acts by secretaries ................................................ 202

257‑45... Terms and conditions of office for secretaries (replaceable rule--see section 60‑1)                203

257‑50... Terms and conditions of contact person's appointment (replaceable rule--see section 60‑1)                203

Part 6‑4--Duties and powers of directors and other officers and employees            204

Division 262--Introduction                                                                                    204

262‑1..... What this Part is about ................................................................... 204

Division 265--General duties                                                                               205

265‑1..... Care and diligence--civil obligation only ........................................ 205

265‑5..... Good faith--civil obligations .......................................................... 206

265‑10... Use of position--civil obligations .................................................. 206

265‑15... Use of information--civil obligations ............................................. 207

265‑20... Acts done to comply with Native Title legislation obligations ...... 207

265‑25... Good faith, use of position and use of information--criminal offences   208

265‑30... Interaction of sections 265‑1 to 265‑25 with other laws etc. ......... 209

265‑35... Directors of wholly‑owned subsidiaries ......................................... 210

265‑40... Responsibility of secretaries for certain contraventions ................ 210

265‑45... Meaning of reasonable reliance on information or advice provided by others          211

265‑50... Responsibility for actions of delegate ............................................ 212

Division 268--Duties in relation to disclosure of, and voting on matters involving, material personal interests                                                                                                  213

268‑1..... Material personal interest--director's duty to disclose ................. 213

268‑5..... Interest as common law holder of native title ................................. 215

268‑10... Director may give other directors standing notice about an interest 215

268‑15... Interaction of sections 268‑1 and 268‑10 with other laws etc. ...... 217

268‑20... Restrictions on voting ..................................................................... 217

268‑25... Registrar's power to make declarations and class orders ............... 219

Division 271--Duty to discharge certain trust liabilities                        221

271‑1..... Directors liable for debts and other obligations incurred by corporation as trustee                 221

Division 274--Powers of directors                                                                     222

274‑1..... Powers of directors (replaceable rule--see section 60‑1) ............... 222

274‑5..... Negotiable instruments (replaceable rule--see section 60‑1) ......... 222

274‑10... Delegation ....................................................................................... 222

274‑15... Right of access to corporation books ............................................. 223

Part 6‑5--Disqualification from managing corporations                                225

Division 279--Disqualification from managing corporations                225

279‑1..... Disqualified person not to manage corporations ............................ 225

279‑5..... Automatic disqualification .............................................................. 226

279‑10... Extension of period of automatic disqualification .......................... 227

279‑15... Court power of disqualification--contravention of civil penalty provision            228

279‑20... Court power of disqualification--insolvency and non‑payment of debts               229

279‑25... Court power of disqualification--repeated contraventions of Act 230

279‑30... Registrar's power of disqualification .............................................. 231

279‑35... Court power to grant leave ............................................................. 233

Part 6‑6--Member approval needed for related party benefit                  234

Division 284--Need for member approval                                                     234

284‑1..... Need for member approval for financial benefit ............................. 234

284‑5..... Consequences of breach .................................................................. 234

284‑10... Exemptions ..................................................................................... 235

Division 287--Exceptions to the requirement for member approval 236

287‑1..... Remuneration and reimbursement for officer or employee ............ 236

287‑5..... Benefit to or by closely‑held subsidiary ........................................ 237

287‑10... Benefits to members that do not discriminate unfairly .................. 238

287‑12... Benefits given to comply with Native Title legislation obligations 238

287‑15... Court order ..................................................................................... 238

Division 290--Procedure for obtaining member approval                    239

290‑1..... Resolution may specify matters by class or kind .......................... 239

290‑5..... Corporation must lodge material that will be put to members with the Registrar    239

290‑10... Requirements for explanatory statement to members .................... 240

290‑15... Registrar may comment on proposed resolution ............................ 241

290‑20... Requirements for notice of meeting ................................................ 241

290‑25... Other material put to members ....................................................... 242

290‑30... Proposed resolution cannot be varied ............................................. 242

290‑35... Voting by or on behalf of related party interested in proposed resolution              242

290‑40... Voting on the resolution ................................................................. 244

290‑45... Notice of resolution to be lodged .................................................... 245

290‑50... Declaration by court of substantial compliance ............................. 245

Division 293--Related parties and financial benefits                               246

293‑1..... Related parties ................................................................................ 246

293‑5..... Giving a financial benefit ................................................................ 247

Division 296--Interaction with other rules                                                   249

296‑1..... General duties still apply ............................................................... 249

Part 6‑7--Public information about directors, secretaries and contact persons       250

Division 301--Introduction                                                                                    250

301‑1..... What this Part is about ................................................................... 250

Division 304--Information to be provided                                                     251

304‑1..... Director, alternate director, secretary or contact person may notify the Registrar of resignation or retirement      251

304‑5..... Notice of name and address of directors and secretaries to the Registrar                 251

304‑10... Director, alternate director, secretary and contact person must give information to corporation            253

304‑15... Address for officers ........................................................................ 253

Division 307--Registrar may ask for information                                      255

307‑1..... Registrar's power to ask for information about person's position as director, secretary or contact person           255

Part 6‑8--Exemption from operation of certain provisions of this Chapter                256

310‑1..... What this Part is about ................................................................... 256

310‑5..... Exemption from certain provisions of this Chapter ....................... 256

310‑10... Registrar may make determination even if application is incomplete 257

310‑15... Registrar's power to make determinations ..................................... 257

310‑20... Criteria for determinations .............................................................. 258

Chapter 7--Record keeping, reporting requirements and books            260

Part 7‑1--Introduction                                                                                                       260

Division 317--Introduction                                                                                    260

317‑1..... What this Chapter is about ............................................................. 260

Part 7‑2--Record keeping requirements                                                                261

Division 322--Record keeping requirements                                             261

322‑1..... What this Part is about ................................................................... 261

322‑5..... Obligation to keep copy of constitution and records about officers, contact person, etc.       261

322‑10... Obligation to keep financial records ............................................... 262

322‑15... Physical format ............................................................................... 263

322‑20... Place where records are kept .......................................................... 263

322‑25... Director access ................................................................................ 263

Part 7‑3--Reporting requirements                                                                             265

Division 327--Overview of reporting obligations                                      265

327‑1..... Reports that an Aboriginal and Torres Strait Islander corporation must prepare and lodge    265

Division 330--General report for each financial year                              266

330‑1..... Aboriginal and Torres Strait Islander corporation must prepare a general report each financial year      266

330‑5..... Contents of general report .............................................................. 266

330‑10... General report to be lodged with Registrar ..................................... 267

Division 333--Financial and other reports required by the regulations                268

333‑1..... What this Division is about ............................................................ 268

333‑5..... Regulations may require financial reports, directors' reports and other reports to be prepared              268

333‑10... Contents of reports ........................................................................ 270

333‑15... Other requirements in relation to report ......................................... 271

333‑20... Aboriginal and Torres Strait Islander corporation to obtain audit report if audit required       272

Division 336--Registrar may increase reporting requirements        273

336‑1..... Registrar may require additional report, or otherwise increase reporting requirements, for particular corporation ........................................................................................................ 273

336‑5..... Registrar may require additional reports, or otherwise increase reporting requirements, for class of corporation 275

Division 339--Audit of financial reports                                                         278

Subdivision 339‑A--Introduction                                                                          278

339‑1..... What this Division is about ............................................................ 278

339‑5..... Application of Division .................................................................. 278

339‑10... When financial report required to comply with accounting standards 279

339‑15... When audit required to be conducted in accordance with auditing standards           279

339‑20... Lead and review auditors ................................................................ 279

339‑25... Professional members of the audit team ......................................... 280

Subdivision 339‑B--Conduct of the audit                                                            280

339‑30... Auditor to form opinion ................................................................. 280

339‑35... Auditor obligations in relation to auditing standards ...................... 281

339‑40... Auditor's report ............................................................................. 281

339‑45... Other requirements in relation to auditor's report ......................... 282

339‑50... Auditor's independence declaration ............................................... 282

339‑55... Audit working papers to be retained for 7 years ............................ 285

Subdivision 339‑C--Qualification, experience and registration                    287

339‑60... Qualification and experience: individual auditor ............................. 287

339‑65... Qualification and experience: audit firm ......................................... 288

339‑70... Registration requirements for appointment of company as auditor 289

Subdivision 339‑D--Auditor independence                                                         291

339‑75... Independence of auditors: application of Corporations Act auditor independence provisions               291

339‑80... Independence of auditors: alternative independence requirements . 293

Subdivision 339‑E--Auditor's powers and duties                                              293

339‑85... Auditor's power to obtain information .......................................... 293

339‑90... Reporting to the Registrar .............................................................. 293

339‑95... Assisting auditor ............................................................................. 296

Subdivision 339‑F--Appointment and removal of auditors                               296

339‑100. Appointment and removal of auditors ........................................... 296

Division 342--Financial reporting to members                                           298

342‑1..... What this Division is about ............................................................ 298

342‑5..... Annual financial reporting to members ........................................... 298

342‑10... Deadline for giving member copy of report .................................... 300

Division 345--Consolidated financial report                                                301

345‑1..... Directors and officers of controlled entity to give information ...... 301

345‑5..... Auditor's power to obtain information from controlled entity ...... 301

345‑10... Controlled entity to assist auditor .................................................. 301

345‑15... Application of sections 345‑1 to 345‑10 to entity that has ceased to be controlled                302

Division 348--Lodging reports                                                                            303

348‑1..... Lodging annual reports with the Registrar ...................................... 303

348‑5..... Relodgment if report amended after lodgment ................................ 303

Part 7‑4--Registrar may exempt from record keeping and reporting requirements            305

Division 353--Registrar may exempt from record keeping and reporting requirements            305

353‑1..... What this Part is about ................................................................... 305

353‑3..... Exemption from the provisions of this Chapter ............................. 305

353‑5..... Registrar may make determination even if application is incomplete 306

353‑10... Registrar's power to make determinations ..................................... 306

Part 7‑5--Criteria for determining level of reporting requirements       308

Division 358--Criteria for determining level of reporting requirements              308

358‑1..... What this Part is about ................................................................... 308

358‑5..... Criteria for determinations about level of reporting requirements .. 308

358‑10... Reporting obligations ...................................................................... 309

Part 7‑6--Sanctions for contraventions of record keeping and reporting requirements     310

Division 363--Sanctions for contraventions of record keeping and reporting requirements    310

363‑1..... Sanctions ......................................................................................... 310

Part 7‑7--Modifications of record keeping and reporting requirements by regulations     311

Division 368--Modifications of record keeping and reporting requirements by regulations    311

368‑1..... Modification by regulations ........................................................... 311

Part 7‑8--Books                                                                                                                   312

Division 373--Introduction                                                                                    312

373‑1..... What this Part is about ................................................................... 312

Division 376--When and where may books be inspected?                  313

376‑1..... Inspection of books ........................................................................ 313

376‑5..... Translations of instruments and books .......................................... 314

376‑10... Court may compel compliance ....................................................... 315

376‑15... Admissibility of books in evidence ................................................ 315

376‑20... Form of books ................................................................................ 315

376‑25... Protection of books ........................................................................ 316

376‑30... Evidentiary value ............................................................................ 316

376‑35... Falsification of books ..................................................................... 317

Chapter 8--Civil consequences of contravening civil penalty provisions    319

Division 386--Civil consequences of contravening civil penalty provisions       319

386‑1..... Declarations of contravention ......................................................... 319

386‑5..... Declaration of contravention is conclusive evidence ...................... 319

386‑10... Pecuniary penalty orders ................................................................ 320

386‑15... Compensation orders--civil penalty provisions ............................ 320

386‑20... Who may apply for a declaration or order ..................................... 321

386‑25... Time limit for application for a declaration or order ...................... 322

386‑30... Civil evidence and procedure rules for declarations of contravention and civil penalty orders                322

386‑35... Civil proceedings after criminal proceedings .................................. 322

386‑40... Criminal proceedings during civil proceedings ................................ 322

386‑45... Criminal proceedings after civil proceedings .................................. 322

386‑50... Evidence given in proceedings for penalty not admissible in criminal proceedings 323

386‑55... Registrar requiring person to assist ................................................ 323

386‑60... Relief from liability for contravention of civil penalty provision .. 324

Chapter 9--Lodgments and registers                                                                      327

Part 9‑1--Introduction                                                                                                       327

Division 396--Introduction                                                                                    327

396‑1..... What this Chapter is about ............................................................. 327

Part 9‑2--Lodgments with the Registrar                                                                328

Division 401--Introduction                                                                                    328

401‑1..... What this Part is about ................................................................... 328

Division 404--What is the form in which documents may be lodged? 329

404‑1..... Forms for documents to be lodged with the Registrar .................... 329

404‑5..... Signing documents lodged with the Registrar ................................. 329

404‑10... Documents lodged with the Registrar electronically ...................... 329

404‑15... Relodging of lost registered documents .......................................... 330

Division 407--Registrar's powers                                                                     332

407‑1..... Registrar may refuse to receive or register documents ................... 332

407‑5..... Registrar may require additional information ................................. 332

407‑10... Registrar may require information from persons on a register ....... 333

407‑15... Telephone or email notice of certain changes ................................. 333

407‑20... Registrar may destroy or dispose of lodged documents ................. 334

Division 410--Courts power if documents not lodged                            335

410‑1..... Court may make certain orders ....................................................... 335

Part 9‑3--Registers                                                                                                            337

Division 415--Introduction                                                                                    337

415‑1..... What this Part is about ................................................................... 337

Division 418--Registers to be kept                                                                  338

418‑1..... Registers ......................................................................................... 338

418‑5..... Form of registers ............................................................................. 338

418‑10... Register of Aboriginal and Torres Strait Islander Corporations ..... 338

418‑15... Register of Disqualified Officers .................................................... 338

Division 421--What information may a person obtain from the Registrar?         339

421‑1..... Inspection and production of records ............................................. 339

421‑5..... Requests and certification of copy or extract etc. .......................... 340

Division 424--Validity and use of information etc. obtained from a register       342

424‑1..... Validity of copy or extract ............................................................. 342

424‑5..... Use in court proceedings etc. of documents issued by Registrar ... 342

424‑10... Registrar's certificate that person was a director etc. ..................... 344

Chapter 10--Regulation and enforcement                                                            345

Part 10‑1--Introduction                                                                                                    345

Division 434--Introduction                                                                                    345

434‑1..... What this Chapter is about ............................................................. 345

Part 10‑2--Regulation of Aboriginal and Torres Strait Islander corporations         346

Division 439--Regulation of Aboriginal and Torres Strait Islander corporations            346

439‑1..... What this Part is about ................................................................... 346

439‑5..... Registrar may convene meetings of interested persons .................. 346

439‑10... Registrar may call a general meeting (other than an AGM) ............ 347

439‑15... Registrar may call an AGM ............................................................ 349

439‑20... Registrar may require compliance with Act etc. ............................. 349

Part 10‑3--Enforcement                                                                                                   352

Division 444--Introduction                                                                                    352

444‑1..... What this Part is about ................................................................... 352

Division 447--Authorised officers                                                                     353

447‑1..... Appointment of authorised officers ............................................... 353

447‑5..... Identity cards .................................................................................. 353

Division 450--Purposes for which powers under this Part may be exercised    354

450‑1..... Purposes for which power under this Part may be exercised ......... 354

Division 453--Examination of books and persons                                    355

453‑1..... Examination of books ..................................................................... 355

453‑5..... Production of books or attendance to answer questions ................ 356

453‑10... Remuneration of authorised officer ................................................ 357

Division 456--Warrants for books not produced                                       359

Subdivision 456‑A--Warrants applied for in person                                        359

456‑1..... Application for warrant to seize books not produced ................... 359

456‑5..... Grant of warrant ............................................................................. 359

456‑10... Powers where books produced or seized ....................................... 360

Subdivision 456‑B--Warrants by telephone or other electronic means       362

456‑15... Applying for warrants by telephone or other electronic means ..... 362

456‑20... Issuing warrants by telephone etc. ................................................. 363

456‑25... Unsigned warrants by telephone etc. in court proceedings ............ 364

Subdivision 456‑C--Offences relating to warrants by telephone or other electronic means            364

456‑30... Offence for stating incorrect names in warrants by telephone etc. 364

456‑35... Offence for unauthorised form of warrant ...................................... 364

456‑40... Offence for execution etc. of unauthorised form of warrant ........... 364

456‑45... Offence for giving unexecuted form of warrant .............................. 365

Subdivision 456‑D--Warrant details to be given to occupier                          365

456‑50... Details of warrant to be given to occupier etc. ............................... 365

Part 10‑4--Offences relating to regulatory and enforcement powers of Registrar               366

Division 461--Offences relating to regulatory and enforcement powers of Registrar   366

461‑1..... Obstructing Registrar or interfering with meeting called by Registrar etc.               366

461‑5..... False information ............................................................................ 367

461‑10... Concealing books relevant to investigation ..................................... 367

461‑15... Self‑incrimination ............................................................................ 367

Part 10‑5--Protection for whistleblowers                                                               369

Division 466--Which disclosures qualify for protection under this Part?             369

466‑1..... Disclosures qualifying for protection ............................................. 369

Division 469--Effects of disclosure                                                                   371

469‑1..... Disclosure that qualifies for protection not actionable etc. ............ 371

469‑5..... Victimisation prohibited ................................................................. 371

469‑10... Right to compensation .................................................................... 373

Division 472--Confidentiality requirement                                                   374

472‑1..... Confidentiality requirements for corporations, corporation officers and employees and auditors          374

Chapter 11--External administration                                                                       376

Part 11‑1--Introduction                                                                                                    376

Division 482--Introduction                                                                                    376

482‑1..... What this Chapter is about ............................................................. 376

Part 11‑2--Special administration                                                                              378

Division 487--Special administration of Aboriginal and Torres Strait Islander corporation      378

487‑1..... Registrar may put Aboriginal and Torres Strait Islander corporation under special administration        378

487‑5..... Grounds for special administration ................................................ 378

487‑10... Show cause notice procedure .......................................................... 381

487‑15... Extension of period of special administration ................................ 382

487‑20... Registrar may terminate special administration .............................. 382

487‑25... References to corporation under special administration ................. 382

Division 490--Appointment of special administrator                               384

490‑1..... Registrar may appoint special administrator .................................. 384

490‑5..... Period of appointment .................................................................... 384

Division 493--Notice requirements                                                                  385

493‑1..... Notice of special administration determination or appointment of special administrator        385

Division 496--Effect of appointment of special administrator on officers of the corporation     387

496‑1..... General rule that offices of directors and secretary vacated when special administrator appointed        387

496‑5..... Registrar may determine that offices not vacated in certain circumstances              387

496‑10... Powers of officers can only be exercised by, or with the consent of, special administrator    388

496‑15... Only special administrator can deal with corporation's property . 389

496‑20... Order for compensation where officer involved in void transaction 390

Division 499--Function, duties and powers of special administrator 392

499‑1..... Function of special administrator ................................................... 392

499‑5..... Powers of special administrator ..................................................... 392

499‑10... Applying Corporations Act provisions to Aboriginal and Torres Strait Islander corporation that is under special administration ................................................................................. 393

Division 502--Special administrator to report to Registrar                 395

502‑1..... Report to Registrar ......................................................................... 395

Division 505--Termination of special administrator's appointment 396

505‑1..... Termination of appointment of special administrator .................... 396

505‑5..... Grounds for terminating appointment ............................................ 397

505‑10... Registrar to appoint new special administrator in certain circumstances                 397

Division 508--Transition to normal control of the corporation's affairs at end of special administration                                                                                                                     398

508‑1..... Special administrator to ensure that there will be directors when corporation ceases to be under special administration ........................................................................................................ 398

508‑5..... Election of directors to take over affairs of corporation when corporation ceases to be under special administration ........................................................................................................ 399

Division 511--Miscellaneous                                                                               400

511‑1..... Remuneration of special administrator ........................................... 400

Part 11‑3--Receivers, and other controllers, of property of corporations 401

Division 516--Receivers, and other controllers, of property of corporations    401

516‑1..... Applying Corporations Act receiver provisions to Aboriginal and Torres Strait Islander corporations                 401

Part 11‑4--Administration of an Aboriginal and Torres Strait Islander corporation's affairs with a view to executing a deed of corporation arrangement                                  403

Division 521--Administration of an Aboriginal and Torres Strait Islander corporation's affairs with a view to executing a deed of corporation arrangement 403

521‑1..... Applying Corporations Act administration provisions to Aboriginal and Torres Strait Islander corporations      403

521‑5..... Administrator's capacity to act as trustee ..................................... 404

521‑10... Corporations Act administrator cannot be appointed if special administrator appointed       404

521‑15... Effect of appointment of special administrator on Corporations Act administrator               405

Part 11‑5--Winding up                                                                                                      406

Division 526--Winding up                                                                                      406

526‑1..... Court may order winding up .......................................................... 406

526‑5..... Grounds for Court ordered winding up .......................................... 406

526‑10... Acts etc. done to comply with Native Title legislation requirement 407

526‑15... Who may apply to court for winding up order .............................. 408

526‑20... Voluntary winding up ..................................................................... 410

526‑25... Distribution of surplus assets in winding up by Court .................. 411

526‑30... Distribution of surplus assets in voluntary winding up ................. 412

526‑35... Applying Corporations Act winding up provisions to Aboriginal and Torres Strait Islander corporations           413

526‑40... Application of Corporations Act pre‑winding up provisions ....... 415

Part 11‑6--Insolvent trading                                                                                         416

Division 531--Insolvent trading                                                                          416

531‑1..... Applying Corporations Act insolvent trading provisions to Aboriginal and Torres Strait Islander corporations   416

531‑5..... Section 588G of Corporations Act prevails over conflicting Native Title legislation obligations            417

Part 11‑7--Employees' entitlements                                                                        418

Division 536--Employees' entitlements                                                         418

536‑1..... Applying Corporations Act employees' entitlements provisions to Aboriginal and Torres Strait Islander corporations ........................................................................................................ 418

Chapter 12--Transfer of registration, deregistration and unclaimed property        420

Part 12‑1--Transfer of registration to another system                                  420

Division 540--Transfer of registration                                                            420

540‑1..... Transferring registration ................................................................. 420

540‑5..... Applying to transfer registration .................................................... 420

540‑10... Registrar makes transfer of registration declaration ........................ 420

540‑15... Registrar to deregister corporation ................................................. 421

Part 12‑2--Deregistration                                                                                               422

Division 546--Deregistration                                                                               422

546‑1..... Deregistration--voluntary .............................................................. 422

546‑5..... Deregistration--Registrar initiated ................................................. 423

546‑10... Deregistration--following amalgamation or winding up ................ 424

546‑15... Registered native title body corporate ............................................ 425

546‑20... Effect of deregistration ................................................................... 425

546‑25... What the Registrar does with the property .................................... 426

546‑30... Registrar's power to fulfil outstanding obligations of deregistered corporation       427

546‑35... Claims against insurers of deregistered corporation ....................... 428

546‑40... Reinstatement ................................................................................. 428

546‑45... Regulations may modify Division in relation to statutory Indigenous land trusts   429

Part 12‑3--Unclaimed property                                                                                   430

Division 551--Unclaimed property                                                                    430

551‑1..... Unclaimed property ....................................................................... 430

551‑5..... Registrar to deal with unclaimed property ..................................... 430

551‑10... Registrar and Commonwealth not liable to pay calls on shares etc. 430

551‑15... Disposition of money that is unclaimed property etc. .................. 431

551‑20... Establishment of the Aboriginal and Torres Strait Islander Corporations Unclaimed Money Account 431

551‑25... Credits of amounts to Account ...................................................... 431

551‑30... Purposes of Account ...................................................................... 431

551‑35... Claims of disposition of money to incorrect payee ....................... 432

551‑40... Commonwealth or Registrar not liable for loss or damage ............. 432

Chapter 13--Offences                                                                                                       433

Part 13‑1--Offences about false or misleading statements etc.               433

Division 561--Offences about false or misleading statements etc. 433

561‑1..... False or misleading statements ....................................................... 433

561‑5..... False information etc. ..................................................................... 435

Part 13‑2--General matters relating to offences                                               437

Division 566--General matters relating to offences                                 437

566‑1..... Penalties for bodies corporate ........................................................ 437

566‑5..... Penalty notices ............................................................................... 437

566‑10... Continuing offences ........................................................................ 440

566‑15... Time for instituting criminal proceedings ....................................... 443

566‑20... Privilege against self‑incrimination not available to bodies corporate in certain proceedings   443

566‑25... Certain persons to assist in prosecutions ....................................... 444

Chapter 14--Courts and proceedings                                                                      446

Part 14‑1--Powers of courts                                                                                          446

Division 576--Powers of courts                                                                           446

576‑1..... Power to grant relief ....................................................................... 446

576‑5..... Power of Court to give directions with respect to meetings ordered by the Court 447

576‑10... Appeals from decisions of receivers, liquidators etc. ..................... 447

576‑15... Irregularities .................................................................................... 448

576‑20... Power of Court to prohibit payment or transfer of money, financial products or other property          450

576‑25... Injunctions ...................................................................................... 453

576‑30... Effect of sections 576‑20 and 576‑25 ............................................. 455

576‑35... Power of Court to punish for contempt of Court .......................... 455

Part 14‑2--Proceedings                                                                                                    456

Division 581--Proceedings                                                                                    456

581‑1..... The Registrar's power to intervene in proceedings ........................ 456

581‑5..... Civil proceedings not to be stayed ................................................. 456

581‑10... Standard of proof ............................................................................ 456

581‑15... Evidence of contravention .............................................................. 457

581‑20... Costs ............................................................................................... 457

581‑25... Vesting of property ........................................................................ 458

Part 14‑3--Jurisdiction and procedure of courts                                                459

Division 586--Civil jurisdiction                                                                           459

Subdivision 586‑A--Introduction                                                                          459

586‑1..... Operation of Division ..................................................................... 459

Subdivision 586‑B--Conferral of jurisdiction                                                   460

586‑5..... Jurisdiction of Federal Court and State and Territory Supreme Courts   460

586‑10... Jurisdiction of Family Court and State Family Courts .................. 461

586‑15... Jurisdiction of courts (decisions to prosecute and related criminal justice process decisions made by Commonwealth officers) ........................................................................................... 461

586‑20... Jurisdiction of lower courts ............................................................ 463

586‑25... Appeals .......................................................................................... 463

586‑30... Courts to act in aid of each other .................................................... 464

Subdivision 586‑C--Transfer of proceedings                                                    465

586‑35... Transfer of proceedings by the Federal Court and State and Territory Supreme Courts         465

586‑40... Transfer of proceedings by Family Court and State Family Courts 466

586‑45... Transfer of proceedings in lower courts ......................................... 468

586‑50... Further matters for a court to consider when deciding whether to transfer a proceeding         469

586‑55... Transfer may be made at any stage ................................................ 470

586‑60... Transfer of documents .................................................................... 470

586‑65... Conduct of proceedings .................................................................. 470

586‑70... Rights of appearance ...................................................................... 471

586‑75... Limitation on appeals ..................................................................... 471

Subdivision 586‑D--Rules of court                                                                      472

586‑80... Rules of the Federal Court .............................................................. 472

586‑85... Rules of the Supreme Court ........................................................... 472

586‑90... Rules of the Family Court .............................................................. 473

Division 589--Criminal jurisdiction                                                                   474

589‑1..... Operation of Division ..................................................................... 474

589‑5..... Jurisdiction of courts ...................................................................... 474

589‑10... Laws to be applied ......................................................................... 476

Chapter 15--Administration                                                                                          478

Part 15‑1--Introduction                                                                                                    478

Division 599--Introduction                                                                                    478

599‑1..... What this Chapter is about ............................................................. 478

Part 15‑2--Protection of information                                                                        479

Division 604--Protection of information                                                         479

604‑1..... What this Part is about ................................................................... 479

604‑5..... Protected information ..................................................................... 479

604‑10... Registrar's obligations in relation to protected information ........... 480

604‑15... Special administrator's obligations in relation to protected information 480

604‑20... Consultant's obligations in relation to protected information ........ 480

604‑25... Authorised use or disclosure .......................................................... 481

Part 15‑3--Protection from liability for Registrar, Minister etc.             484

Division 609--Protection from liability for Registrar, Minister etc. 484

609‑1..... Protection from liability for Minister, Registrar etc. ...................... 484

Part 15‑4--Review of decisions                                                                                   485

Division 614--Introduction                                                                                    485

614‑1..... What this Part is about ................................................................... 485

Division 617--Reviewable decisions                                                                486

617‑1..... Reviewable decisions ...................................................................... 486

617‑5..... Deadlines for making reviewable decisions ..................................... 490

617‑10... Notice of reviewable decision and review rights ............................. 491

Division 620--Internal review of reviewable decisions                          492

620‑1..... Registrar may reconsider reviewable decisions on own initiative ... 492

620‑5..... Reconsideration of reviewable decisions ........................................ 492

Division 623--AAT review of reviewable decisions                                494

623‑1..... AAT review of reviewable decisions .............................................. 494

Part 15‑5--Fees                                                                                                                    495

Division 628--Fees                                                                                                    495

628‑1..... Fees ................................................................................................. 495

628‑5..... Lodgment of document without payment of fee ............................ 495

628‑10... Doing act without payment of fee .................................................. 495

628‑15... Effect of sections 628‑5 and 628‑10 ............................................... 496

628‑20... Debt due to the Commonwealth ..................................................... 496

628‑25... Payment of fee does not give right to inspect or search ................. 496

Part 15‑6--Regulations                                                                                                    497

Division 633--Regulations                                                                                     497

633‑1..... General regulation making power ................................................... 497

633‑5..... Regulations concerning registered native title bodies corporate ..... 497

Part 15‑7--Approved forms                                                                                           499

Division 638--Approved forms                                                                            499

638‑1..... Registrar may approve forms ......................................................... 499

Chapter 16--Registrar and Deputy Registrars of Aboriginal and Torres Strait Islander Corporations 501

Part 16‑1--Introduction                                                                                                    501

Division 648--Introduction                                                                                    501

648‑1..... What this Chapter is about ............................................................. 501

Part 16‑2--Appointment of the Registrar and Deputy Registrars          502

Division 653--Appointment of Registrar and Deputy Registrars     502

653‑1..... Registrar of Aboriginal and Torres Strait Islander Corporations .... 502

653‑5..... Deputy Registrars of Aboriginal and Torres Strait Islander Corporations               502

Part 16‑3--Registrar's functions and powers                                                      503

Division 658--Registrar's functions and powers                                       503

658‑1..... Functions of the Registrar .............................................................. 503

658‑5..... Aims of the Registrar ...................................................................... 504

658‑10... Powers of the Registrar .................................................................. 504

658‑15... Registrar to have a seal ................................................................... 505

658‑20... Judicial notice of certain matters .................................................... 505

Part 16‑4--Matters concerning the Registrar's and Deputy Registrars' appointments    506

Division 663--Matters concerning the Registrar's and Deputy Registrars' appointments       506

663‑1..... Registrar's remuneration ................................................................. 506

663‑5..... Resignation ..................................................................................... 506

663‑10... Termination of Registrar's appointment ........................................ 506

663‑15... Termination of Deputy Registrar's appointment .......................... 507

663‑20... Disclosure of interests .................................................................... 507

663‑25... Acting appointments ...................................................................... 507

663‑30... Leave of absence ............................................................................. 508

663‑35... Outside employment ...................................................................... 508

Part 16‑5--Delegation                                                                                                       509

Division 668--Delegation                                                                                       509

668‑1..... Delegation by Registrar .................................................................. 509

668‑5..... Sub‑delegation by Deputy Registrar .............................................. 509

Part 16‑6--Staffing                                                                                                              510

Division 673--Staffing                                                                                               510

673‑1..... Staff assisting the Registrar and Deputy Registrar ......................... 510

673‑5..... Engagement of consultants etc. by the Registrar ............................ 510

Chapter 17--Interpreting this Act                                                                              511

Part 17‑1--Meaning of some important concepts                                             511

Division 683--Directors and officers of Aboriginal and Torres Strait Islander corporations     511

683‑1..... Meaning of director and officer ...................................................... 511

Division 686--Associates                                                                                       514

686‑1..... Effect of Division ........................................................................... 514

686‑5..... Associates of bodies corporate ....................................................... 514

686‑10... General ............................................................................................ 514

686‑15... Exclusions ....................................................................................... 515

Division 689--Subsidiaries and control                                                           516

689‑1..... What is a subsidiary ....................................................................... 516

689‑5..... Control of a body corporate's board .............................................. 516

689‑10... Matters to be disregarded ............................................................... 517

689‑15... References in this Division to a subsidiary .................................... 517

689‑20... Related bodies corporate ................................................................ 518

689‑25... Control ............................................................................................ 518

Part 17‑2--Interpretation of other expressions                                                  520

Division 694--Interpretation of other expressions                                  520

694‑1..... Giving information .......................................................................... 520

694‑5..... Doing acts ....................................................................................... 520

694‑10... Signing ............................................................................................. 520

694‑15... Business affairs of a body corporate .............................................. 520

694‑20... Business affairs of a natural person ................................................ 520

694‑25... Business affairs of a partnership .................................................... 521

694‑30... Business affairs of a trust ............................................................... 522

694‑35... Meaning of court and Court ........................................................... 522

694‑40... Entities ............................................................................................ 523

694‑45... Entities connected with a corporation (including an Aboriginal and Torres Strait Islander corporation)                 523

694‑50... Extension of period for doing an act ............................................... 525

694‑55... Involvement in contraventions ....................................................... 525

694‑60... Possession ...................................................................................... 525

694‑65... Public document of a body corporate ............................................. 525

694‑70... Receivers and managers .................................................................. 526

694‑75... Securities ......................................................................................... 526

694‑80... Solvency and insolvency ................................................................ 527

694‑85... Meaning of chief executive officer function ..................................... 527

694‑90... Applications to be in writing .......................................................... 528

694‑95... Effect of certain contraventions of this Act ................................... 528

694‑100. Effect of provisions empowering a person to require or prohibit conduct               529

694‑105. Calculation of time .......................................................................... 529

694‑110. Performance of functions by Registrar or Deputy Registrar includes reference to delegate etc.              529

694‑115. Certain family relationships ........................................................... 529

Part 17‑3--Dictionary                                                                                                        531

Division 700--Dictionary                                                                                         531

700‑1..... Dictionary ....................................................................................... 531

Notes                                                                                                                                           553

Preamble

                   The Parliament of Australia intends that the following law will take effect according to its terms and be a special law for the descendants of the original inhabitants of Australia.

                   The law is intended, for the purposes of paragraph 4 of Article 1 of the International Convention on the Elimination of All Forms of Racial Discrimination and the Racial Discrimination Act 1975, to be a special measure for the advancement and protection of Aboriginal peoples and Torres Strait Islanders.

The Parliament of Australia enacts:

Notes to the Corporations (Aboriginal and Torres Strait Islander) Act 2006

Note 1

The Corporations (Aboriginal and Torres Strait Islander) Act 2006 as shown in this compilation comprises Act No. 124, 2006 amended as indicated in the Tables below.

Table of Acts

Act	Number and year	Date of Assent	Date of commencement	Application, saving or transitional provisions
Corporations (Aboriginal and Torres Strait Islander) Act 2006	124, 2006	4 Nov 2006	1 July 2007
Same‑Sex Relationships (Equal Treatment in Commonwealth Laws--General Law Reform) Act 2008	144, 2008	9 Dec 2008	Schedule 6 (items 5-10): 10 Dec 2008	--

Table of Amendments

ad. = added or inserted    am. = amended     rep. = repealed   rs. = repealed and substituted
Provision affected	How affected
Chapter 6
Part 6‑6
Division 293
S. 293‑1.............................	am. No. 144, 2008
Chapter 17
Part 17‑2
Division 694
S. 694‑115.........................	ad. No. 144, 2008
Part 17‑3
Division 700
S. 700‑1.............................	am. No. 144, 2008