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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) CONSEQUENTIAL, TRANSITIONAL AND OTHER MEASURES ACT 2006 (NO. 125, 2006) - NOTES

 

No. 125, 2006

 

 

 

 

 

  

  


Contents

1............ Short title............................................................................................ 2

2............ Commencement.................................................................................. 2

3............ Schedule(s).......................................................................................... 2

Schedule 1--Amendment of the Native Title Act 1993                                     3

Native Title Act 1993                                                                                                  3

Schedule 2--Repeal and amendment of other Acts                                            5

Part 1--Repeal                                                                                                                  5

Aboriginal Councils and Associations Act 1976                                                  5

Part 2--Amendment of Acts                                                                                Â        6

Aboriginal and Torres Strait Islander Act 2005                                                   6

Aboriginal Land (Lake Condah and Framlingham Forest) Act 1987              6

Aboriginal Land Rights (Northern Territory) Act 1976                                    10

Age Discrimination Act 2004                                                                                  16

Commonwealth Authorities and Companies Act 1997                                      16

Commonwealth Volunteers Protection Act 2003                                                16

Criminal Code Act 1995                                                                                          17

Environment Protection and Biodiversity Conservation Act 1999                 17

Income Tax Assessment Act 1936                                                                            18

Remuneration Tribunal Act 1973                                                                           18

Schedule 3--Transitional provisions                                                                          19

Part 1--Preliminary                                                                                   Â                     19

Part 2--Bringing transitional corporations across to new system                 22

Division 1--Registration under the new Act                                                         22

Division 2--Classification of transitional corporations                                       23

Division 3--First constitution                                                                                 27

Division 4--Other effects of registration                                                               29

Division 5--Members and observers                                                                     31

Division 6--Directors                                                                                  Â              33

Division 7--Meetings                                                                                              38

Division 8--Related party benefits                                                                         39

Division 9--Record keeping                                                                                    39

Division 10--Reporting for financial year ending on 30 June 2007                    40

Division 11--Reporting for financial year ending on 30 June 2008                    43

Division 12--Reporting exemptions                                                                        45

Division 13--Enforcement                                                                                       46

Division 14--Special administration                                                                       47

Division 15--Winding up                                                                                 Â        47

Part 3--Matters pending under old Act immediately before commencement               49

Division 1--Applications for incorporation                                                          49

Division 2--Application for name change                                                             52

Division 3--Changes to constitution                                                                     53

Division 4--Meetings called before commencement                                           55

Division 5--Compliance and enforcement steps                                                  58

Division 6--Administrations                                                                               Â     59

Division 7--Corporations Act administrations                                                     63

Division 8--Windings up                                                                                 Â        64

Division 9--Deregistration and reinstatement                                                      67

Part 4--Administrative matters, compliance and enforcement                      70

Division 1--Compliance and enforcement                                                             70

Division 2--The Registrar                                                                                Â        74

Division 3--Other administrative matters                                                              75

 


 

 

Corporations (Aboriginal and Torres Strait Islander) Consequential, Transitional and Other Measures Act 2006

No. 125, 2006

 

 

 

An Act to deal with transitional and consequential matters relating to the enactment of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 and to amend the Native Title Act 1993, and for related purposes

[Assented to 4 November 2006]

The Parliament of Australia enacts: