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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 69.5 Overview--ways a constitution may be changed

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 69.5

Overview--ways a constitution may be changed

Corporation wants to change its constitution

  (1)   For an Aboriginal and Torres Strait Islander corporation to change its constitution, the following steps must be complied with:

  (a)   the corporation must pass a special resolution effecting the change;

  (b)   if, under the corporation's constitution, there are further steps that must also be complied with to make a constitutional change--those steps must be complied with (see section   69 - 15);

  (c)   the corporation must lodge certain documents (see section   69 - 20);

  (d)   the Registrar must make certain decisions in respect of the constitutional change and, if appropriate, must register the change (see section   69 - 30).

Note:   The constitutional change takes effect when it is registered (see section   69 - 40).

Court may change a constitution

  (2)   The court may also change an Aboriginal and Torres Strait Islander corporation's constitution (see section   166 - 5).

Note:   The constitutional change takes effect as provided for in paragraph   69 - 40(b).

Registrar may change a constitution

  (3)   The Registrar may also change an Aboriginal and Torres Strait Islander corporation's constitution (see section   69 - 35).

Note 1:   If the Registrar changes a constitution under section   69 - 35, the steps in subsection   (1) of this section do not apply.

Note 2:   The constitutional change takes effect when it is registered (see section   69 - 40).

Special administrator may change a constitution

  (4)   A special administrator for an Aboriginal and Torres Strait Islander corporation may also change the corporation's constitution (see section   499 - 5).

Note 1:   If the special administrator changes a constitution under section   499 - 5, the steps in paragraphs   (1)(a), (b) and (c) of this section do not apply (but the administrator must lodge the change with the Registrar under section   69 - 25 and the Registrar must take the steps in section   69 - 30).

Note 2:   The constitutional change takes effect when it is registered (see section   69 - 40).