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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 225.20 Criteria for determinations

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 225.20

Criteria for determinations

  (1)   In making a determination under section   225 - 5 or 225 - 15, the Registrar must be satisfied that the requirements of provisions of this Chapter would:

  (a)   be inappropriate in the circumstances; or

  (b)   impose unreasonable burdens.

Unreasonable burden

  (2)   In deciding for the purposes of subsection   (1) if the provisions impose an unreasonable burden on the corporation or corporations, the Registrar is to have regard to:

  (a)   the expected costs of complying with the obligations; and

  (b)   the expected benefits of having the corporation or corporations comply with the obligations; and

  (c)   any practical difficulties that the corporation or corporations face in complying effectively with the obligations; and

  (d)   any other matters that the Registrar considers relevant.