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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 257.5 Requirement to have a secretary or contact person

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 257.5

Requirement to have a secretary or contact person

Secretary

  (1)   An Aboriginal and Torres Strait Islander corporation that is registered as a large corporation must have at least one secretary. At least one of the secretaries must ordinarily reside in Australia.

Contact person

  (2)   An Aboriginal and Torres Strait Islander corporation that is registered as a small or medium corporation must have a contact person. The contact person must ordinarily reside in Australia.

  (3)   An Aboriginal and Torres Strait Islander corporation commits an offence if the corporation does not comply with subsection   (1) or (2).

Penalty:   5 penalty units.

  (4)   An offence against subsection   (3) is an offence of strict liability.

Note:   For strict liability , see section   6.1 of the Criminal Code .