CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 147.1 Obligation to contribute on winding up
CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 147.1
Obligation to contribute on winding up If an Aboriginal and Torres Strait Islander corporation's
constitution provides that the members must contribute to the property of the
corporation on winding up then the members must so contribute. Otherwise, the
members are not liable to contribute.