The CATSI Act has similarities with the Corporations Act (Cth), which governs the operation of companies in Australia, but has been. Items 45 – 62 Corporations (Aboriginal and Torres Strait Islander) Act Authoritative Version. – CC; In force – Latest Version; View Series. Key issues Technical Review of CATSI Act Brief summary of proposed changes published by ORIC – this does not address any specific.
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Registrar to register Aboriginal and Torres Strait Islander catsl as a small, medium or large corporation Poorly handled disputes can significantly affect a corporation, its members and everyday business. Call ORIC on Geographical application cxtsi Act For example section 2 of the Act states that applications for membership of a corporation must be in writing. Corporation may have common seal Meet our Native Title and Cultural Heritage team.
For more information on any uncommenced amendments, see the series page on the Legislation Register for the compiled law. The CATSI Act has similarities with the Corporations Act Cthwhich governs the operation of companies in Australia, but has been created with the particular needs of Indigneous corporations in mind.
CATSI fact sheets | Office of the Registrar of Indigenous Corporations
In catssi, ORIC held a technical review into the CATSI Act to look at how to strengthen and improve it to benefit Aboriginal and Torres Strait Islander corporations cafsi reducing red tape, especially for small corporations, and increasing transparency for members. The Regulations repealed the Corporations Aboriginal and Torres Strait Islander Regulations on 1 Octoberwhich were due to sunset on the same day. Run a corporation Understand what the corporation is there for, what it is able to do and how it is to be managed.
Complaints involving corporations fact sheet [ pdfkB] Complaints involving corporations post card DL [ pdfkB]. In the s and s, various reviews advised the Australian Government of the need for legislation to make it easier for Indigenous communities and organisations to form corporations. If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.
Run a corporation Understand what the corporation is there for, what it is able to do and how it is to be managed.
Corporation size is calculated as follows: Dispute resolution – A4 pages [ pdfkB]. Medium and large size corporations will be required to report details regarding management personnel, including salaries and work history.
CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT (NO. , )
Corporation size and reporting A4 pages [ pdfkB]. What does ORIC do? Lodge online [ pdfkB]. This table will help you learn more about which laws might suit your organisation best.
Endnote 1—About the endnotes.
Application, saving and transitional provisions for provisions and amendments If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.
The Registrar may refuse to register rule books that are not fit for purpose.
This means corporations will always be owned and controlled by Caatsi and Torres Strait Islander people. Call ORIC on As a member of a corporation you have certain rights. The rule book has three parts:. Matters to accompany application Minutes of meetings Published: Becoming a corporation member Published: Civil consequences of contravening civil penalty provisions 6.
ORIC and CATSI Act
Skip to main content Skip to section navigation. It is proposed to make it easier for corporations to create subsidiaries and set up business structures. Fact sheets A corporation’s rule book: This body then avt the members in accordance with its agreed constitution.
General report Financial report Audit report Directors’ report. Jonathan is a Partner and the head of our leading Resources and Energy practice in Brisbane and is also the leader of our Native Title practice.
General report Financial report Audit report Directors’ report Adapted from CATSI corporation size and reporting fact sheet Special Administration If a PBC is not compliant with the CATSI Act or is experiencing financial or governance issues that may impact upon its capacity to meet its obligations to its members and native title holders, under the special administration provisions in the CATSI Act the Registrar may appoint a special administrator to safeguard the corporation for a specified period of time.
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