Contents

Chapter 1--Introduction                                                                                       1

Part 1-1--Preliminary                                                                                                         1

Division 1--Preliminary                                                                                              1

1-1......................... Short title............................................................................ 1

1-5......................... Commencement.................................................................. 1

1-10....................... Act binds Crown................................................................ 2

1-15....................... Geographical application of Act.......................................... 2

1-20....................... Act applies regardless of residence, place of formation etc. 2

1-25....................... Objects of this Act.............................................................. 2

1-30....................... Office of the Registrar of Aboriginal and Torres Strait Islander Corporations         3

1-35....................... Interpretative provisions..................................................... 3

Part 1-2--Overview of Act                                                                                               4

Division 6--Overview of Act                                                                                    4

6-1......................... Overview of Act................................................................. 4

6-5......................... Aboriginal and Torres Strait Islander corporations............. 4

6-10....................... Basic features of an Aboriginal and Torres Strait Islander corporation    4

6-15....................... Members and observers...................................................... 5

6-20....................... Meetings............................................................................. 5

6-25....................... Officers............................................................................... 5

6-30....................... Record keeping, reporting requirements and books............ 5

6-35....................... Civil consequences of contravening civil penalty provisions 6

6-40....................... Lodgments and registers..................................................... 6

6-45....................... Regulation and enforcement................................................ 6

6-50....................... External administration....................................................... 6

6-55....................... Transfer of registration, deregistration and unclaimed property               7

6-60....................... Offences............................................................................. 7

6-65....................... Courts and proceedings...................................................... 7

6-70....................... Administration.................................................................... 7

6-75....................... Registrar and Deputy Registrars of Aboriginal and Torres Strait Islander Corporations         7

6-80....................... Interpreting this Act............................................................ 8

Chapter 2--Aboriginal and Torres Strait Islander corporations    9

Part 2-1--Introduction                                                                                                       9

Division 16--Introduction                                                                                          9

16-1....................... What this Chapter is about.................................................. 9

16-5....................... Meaning of Aboriginal and Torres Strait Islander corporation              9

Part 2-2--Applications for registration of an Aboriginal and Torres Strait Islander corporation         10

Division 21--Application for new registration of an Aboriginal and Torres Strait Islander corporation                                                                                                                      10

21-1....................... Application for registration............................................... 10

21-5....................... Matters to accompany application..................................... 12

21-10..................... Registrar may seek further information............................. 12

Division 22--Application to register existing body corporate under Part 2-3  13

22-1....................... Application for registration............................................... 13

22-5....................... Matters to accompany application..................................... 15

22-10..................... Registrar may seek further information............................. 16

Division 23--Application to register amalgamated corporation under Part 2-3             17

23-1....................... Application for registration............................................... 17

23-5....................... Matters to accompany application..................................... 19

23-10..................... Registrar may seek further information............................. 20

Part 2-3--Decisions on applications                                                                          21

Division 26--Registrar to decide application                                                21

26-1....................... Registrar to decide application.......................................... 21

26-5....................... Registrar may grant application if application is incomplete etc.               23

26-10..................... Registrar may grant application if some basic requirements are not met   24

26-15..................... Registrar not to register trade unions etc........................... 24

Division 29--What are the basic requirements for registration?      25

29-1....................... Minimum number of members requirement...................... 25

29-5....................... Indigeneity requirement.................................................... 25

29-10..................... Age of members requirement............................................ 25

29-15..................... Pre-incorporation requirement.......................................... 25

29-17..................... Pre-transfer of registration requirement............................ 27

29-18..................... Creditor notice requirement............................................... 28

29-19..................... Pre-amalgamation requirements........................................ 30

29-20..................... Internal governance rules requirement.............................. 31

29-25..................... Name requirement............................................................. 32

Division 32--Decisions on applications                                                             33

32-1....................... Successful applications..................................................... 33

32-5....................... Unsuccessful applications................................................. 33

Part 2-4--Registration of an Aboriginal and Torres Strait Islander corporation as a small, medium or large corporation                                                                                               35

Division 37--Registration of an Aboriginal and Torres Strait Islander corporation as a small, medium or large corporation                                                                         35

37-1....................... Registrar to register Aboriginal and Torres Strait Islander corporation as a small, medium or large corporation.......................................................................................... 35

37-5....................... Registrar may alter registered size of corporation after registration          36

37-10..................... Small, medium and large corporations.............................. 37

37-15..................... When an Aboriginal and Torres Strait Islander corporation controls an entity         38

37-20..................... Counting employees......................................................... 39

37-25..................... Accounting standards....................................................... 39

Part 2-5--Effects of registration                                                                                 40

Division 42--Effects of registration                                                                   40

42-1....................... Corporation comes into existence on registration.............. 40

42-3....................... Effect of registration of existing body corporate under Part 2-3               40

42-4....................... Effect of registration of amalgamated corporation under Part 2-3            40

42-5....................... Corporation's name.......................................................... 44

42-10..................... Members, directors, corporation secretary and contact person of corporation          44

42-15..................... Registered office............................................................... 46

42-20..................... Document access address................................................. 46

42-25..................... Corporation may have common seal................................. 46

42-30..................... Vesting of property in corporation on registration............ 47

42-35..................... Body corporate registered as Aboriginal and Torres Strait Islander corporation (liability of members on winding up)...................................................................... 48

42-40..................... Body corporate registered as Aboriginal and Torres Strait Islander corporation (modification by regulations).......................................................................................... 48

42-45..................... Registration of amalgamated corporation (liability of members on winding up)      49

42-50..................... Registration of amalgamated corporation (modification by regulations)   50

Part 2-6--Arrangements and reconstructions                                                   51

Division 45--Application of Corporations Act arrangements and reconstructions provisions               51

45-1....................... Applying Corporations Act arrangements and reconstructions provisions to Aboriginal and Torres Strait Islander corporations........................................................ 51

Chapter 3--Basic features of an Aboriginal and Torres Strait Islander corporation                                                                                                                         53

Part 3-1--Introduction                                                                                                     53

Division 52--Introduction                                                                                        53

52-1....................... What this Chapter is about................................................ 53

Part 3-2--Rules dealing with the internal governance of corporations 54

Division 57--Introduction                                                                                        54

57-1....................... What this Part is about...................................................... 54

57-5....................... List of internal governance rules....................................... 55

Division 60--What are the replaceable rules and when do they apply to a corporation?          61

60-1....................... Replaceable rules.............................................................. 61

60-5....................... Corporation's constitution can modify or replace replaceable rules          61

60-10..................... Effect of constitution and replaceable rules....................... 62

60-15..................... Failure to comply with replaceable rules........................... 62

60-20..................... Modification by regulations.............................................. 62

Division 63--What are the internal governance rules of a corporation?            63

63-1....................... Meaning of internal governance rules............................... 63

Division 66--What are the internal governance rules requirements? 64

66-1....................... Requirements.................................................................... 64

66-5....................... Meaning of cover the matters provided for in the replaceable rules        65

Division 69--Constitutions and amendment and replacement of constitutions 67

Subdivision 69-A--Constitution on registration                                              67

69-1....................... Constitution of an Aboriginal and Torres Strait Islander corporation       67

Subdivision 69-B--Constitutional changes after registration                      67

69-5....................... Overview--ways a constitution may be changed............. 67

69-10..................... Meaning of constitutional change etc............................... 69

69-15..................... Extra requirements for constitutional change in constitution 69

69-20..................... Corporation to lodge copy of constitutional changes........ 69

69-25..................... Special administrator to lodge copy of constitutional changes  70

69-30..................... Registrar to determine if constitutional change should be registered        71

69-35..................... Registrar may change an Aboriginal and Torres Strait Islander corporation's constitution on own initiative.......................................................................................... 72

69-40..................... Date of effect of constitutional change.............................. 73

Division 72--Other matters concerning constitutions etc.                     74

72-1....................... Registrar may direct corporation to lodge constitution...... 74

72-5....................... Corporation must provide governance material to members 74

72-10..................... Constitution may limit powers.......................................... 75

Part 3-3--Minimum number of members of Aboriginal and Torres Strait Islander corporations        77

Division 77--Minimum number of members of Aboriginal and Torres Strait Islander corporations  77

77-1....................... What this Part is about...................................................... 77

77-5....................... Minimum number of members requirement...................... 77

77-10..................... Registrar may exempt if appropriate and reasonable to do so.. 78

77-15..................... Registrar may determine a different number to number requested            79

77-20..................... Earlier determination taken to be revoked......................... 79

77-25..................... Notice to be given............................................................. 79

Part 3-4--Names                                                                                                                   80

Division 82--Introduction                                                                                        80

82-1....................... What this Part is about...................................................... 80

Division 85--What names may a corporation have?                                81

85-1....................... Corporation's name requirements..................................... 81

85-5....................... Available names................................................................ 82

85-10..................... Acceptable abbreviations.................................................. 83

85-15..................... Using a name and ICN on documents.............................. 84

85-20..................... Exception to requirement to have ICN on receipts............ 85

85-25..................... Regulations may exempt from requirement to set out information on documents    85

Division 88--How is a corporation's name changed?                              86

88-1....................... Corporation changing its name......................................... 86

88-5....................... Registrar's power to direct corporation to change its name 86

88-10..................... If Aboriginal and Torres Strait Islander corporation becomes a registered native title body corporate     87

88-15..................... If Aboriginal and Torres Strait Islander corporation ceases to be a registered native title body corporate.......................................................................................... 88

88-20..................... Registrar must issue new certificate if name changes........ 89

88-25..................... Effect of name change....................................................... 89

Part 3-5--Corporation powers and how they are exercised                     90

Division 93--Introduction                                                                                        90

93-1....................... What this Part is about...................................................... 90

Division 96--What are a corporation's powers?                                        91

96-1....................... Legal capacity and powers................................................ 91

Division 99--How are a corporation's powers exercised?                    92

99-1....................... Agent exercising a corporation's power to make contracts etc.                92

99-5....................... Execution of documents (including deeds) by the corporation itself        92

Part 3-6--Assumptions people dealing with Aboriginal and Torres Strait Islander corporations are entitled to make                                                                                                  94

Division 104--Assumptions people dealing with Aboriginal and Torres Strait Islander corporations are entitled to make                                                                                   94

104-1..................... Entitlement to make assumptions...................................... 94

104-5..................... Assumptions that can be made under section 104-1......... 95

104-10................... Information available to the public from Registrar does not constitute constructive notice       97

Part 3-7--Registered office or document access address                            98

Division 109--Introduction                                                                                     98

109-1..................... What this Part is about...................................................... 98

Division 112--Registered office                                                                            99

112-1..................... General............................................................................. 99

112-5..................... Corporation to have registered office................................ 99

112-10................... Registrar may change address of registered office to a director's address                100

112-15................... Corporation's name must be displayed........................... 101

112-20................... Address of registered office etc...................................... 102

Division 115--Document access address                                                       103

115-1..................... Division applies to Aboriginal and Torres Strait Islander corporations registered as small or medium corporations.................................................................... 103

115-5..................... Corporation to have document access address................ 103

115-10................... Registrar may change document access address to a director's address   104

115-15................... Registrar may direct corporation to change the location of its document access address          105

115-20................... Address of document access address.............................. 105

Part 3-8--Service on Aboriginal and Torres Strait Islander corporations             107

Division 120--Service on Aboriginal and Torres Strait Islander corporations               107

120-1..................... Service on Aboriginal and Torres Strait Islander corporation  107

Chapter 4--Members and observers                                                     109

Part 4-1--Introduction                                                                                                   109

Division 130--Introduction                                                                                   109

130-1..................... What this Chapter is about.............................................. 109

Part 4-2--Members                                                                                                           110

Division 135--Introduction                                                                                   110

135-1..................... What this Part is about.................................................... 110

Division 138--Who is a member of an Aboriginal and Torres Strait Islander corporation?   111

138-1..................... Meaning of member....................................................... 111

Division 141--Membership of Aboriginal and Torres Strait Islander corporations     112

Subdivision 141-A--Introduction                                                                      112

141-1..................... Overview........................................................................ 112

Subdivision 141-B--Ongoing requirements relating to membership that are imposed on an Aboriginal and Torres Strait Islander corporation                                                    112

141-5..................... Minimum number of members requirement.................... 112

141-10................... Indigeneity requirement.................................................. 113

141-15................... Age of members requirement.......................................... 113

Subdivision 141-C--A person's eligibility for membership of an Aboriginal and Torres Strait Islander corporation                                                                                                       114

141-20................... Eligibility for membership.............................................. 114

141-25................... Corporation may have other eligibility requirements for membership      114

Division 144--How to become a member of an Aboriginal and Torres Strait Islander corporation   115

144-1..................... How does a person become a member?.......................... 115

144-5..................... Application to corporation.............................................. 115

144-10................... Determination of applications for membership............... 115

144-15................... Fees for membership and being an observer................... 117

Division 147--Obligations of members                                                           118

147-1..................... Obligation to contribute on winding up.......................... 118

147-5..................... Corporation may impose other member obligations........ 118

147-10................... Liability of corporation members.................................... 118

Division 150--How does a person cease to be a member of an Aboriginal and Torres Strait Islander corporation?                                                                                       119

Subdivision 150-A--General                                                                               119

150-1..................... Cessation of membership................................................ 119

Subdivision 150-B--Resignation of membership                                          119

150-10................... Resignation..................................................................... 119

Subdivision 150-C--Cancellation of membership                                         120

150-15................... General........................................................................... 120

150-20................... Member of corporation that is not a registered native title body corporate not eligible for membership etc. (replaceable rule--see section 60-1)............................... 122

150-22................... Member of registered native title body corporate not eligible for membership etc.   123

150-25................... Member not contactable.................................................. 125

150-30................... Member is not an Aboriginal and Torres Strait Islander person               126

150-35................... Member misbehaves....................................................... 127

Division 153--Can there be different classes of members?                 129

153-1..................... Different classes of members.......................................... 129

Part 4-3--Observers                                                                                                         130

Division 158--Observers                                                                                        130

158-1..................... What this Part is about.................................................... 130

158-5..................... Observers....................................................................... 130

Part 4-4--Protection of members' interests                                                       132

Division 163--Rights and remedies to protect interests of members 132

163-1..................... Rights and remedies........................................................ 132

Division 166--Oppressive conduct of affairs                                              133

166-1..................... Grounds for Court order................................................. 133

166-5..................... Orders the Court can make............................................. 133

166-10................... Who can apply for an order?........................................... 135

166-15................... Requirement for person to lodge order........................... 135

Division 169--When may a person bring or intervene in proceedings on behalf of an Aboriginal and Torres Strait Islander corporation?                                      136

169-1..................... Bringing, or intervening in, proceedings on behalf of a corporation        136

169-5..................... Applying for and granting leave..................................... 137

169-10................... Substitution of another person for the person granted leave 139

169-15................... Effect of ratification by members.................................... 139

169-20................... Leave to discontinue, compromise or settle proceedings brought, or intervened in, with leave                140

169-25................... General powers of the Court........................................... 140

169-30................... Power of the Court to make costs orders........................ 141

Division 172--What protections apply to variations or cancellations of class rights? 143

172-1..................... Varying and cancelling class rights................................. 143

172-5..................... Certain actions taken to vary rights etc............................ 144

172-10................... Variation, cancellation or modification without unanimous support of class            144

172-15................... Variation, cancellation or modification with unanimous support of class 145

Division 175--When may a member inspect a corporation's books? 146

175-1..................... Order for inspection of books of corporation................. 146

175-5..................... Ancillary orders.............................................................. 147

175-10................... Disclosure of information acquired in inspection............ 147

175-15................... Corporation or directors may allow member to inspect books (replaceable rule--see section 60-1)        148

Part 4-5--Registers of members and former members                              149

Division 180--Registers of members and former members                149

180-1..................... Aboriginal and Torres Strait Islander corporations to maintain register of members                149

180-5..................... Information on the register of members.......................... 149

180-10................... Aboriginal and Torres Strait Islander corporations to maintain register of former members    150

180-15................... Information on the register of former members.............. 150

180-20................... Location and inspection of registers................................ 151

180-22................... Register of members and register of former members may be maintained in one document    151

180-25................... Right to inspect and get copies........................................ 151

180-30................... Aboriginal and Torres Strait Islander corporation to make register of members available at AGM         152

180-35................... Aboriginal and Torres Strait Islander corporation to give Registrar copy of register of members or register of former members.............................................................. 153

180-40................... Correction of register of members or register of former members           153

180-45................... Evidentiary value of registers.......................................... 154

Division 183--Use of information on the register of members or register of former members              155

183-1..................... Use of information on register of members or register of former members             155

Part 4-6--Exemption from operation of certain provisions of this Chapter         157

Division 187--Exemption from operation of certain provisions of this Chapter             157

187-1..................... What this Part is about.................................................... 157

187-5..................... Exemption from certain provisions of this Chapter......... 157

187-10................... Registrar may make determination even if application is incomplete        158

187-15................... Registrar's power to make determinations...................... 158

187-20................... Criteria for determinations.............................................. 160

Chapter 5--Meetings                                                                                             161

Part 5-1--Introduction                                                                                                   161

Division 193--Introduction                                                                                   161

193-1..................... What this Chapter is about.............................................. 161

Part 5-2--General meetings                                                                                         162

Division 198--Introduction                                                                                   162

198-1..................... What this Part is about.................................................... 162

Division 201--What are the rules concerning general meetings?    163

Subdivision 201-A--Who may call general meetings?                                163

201-1..................... Director may call meetings (replaceable rule--see section 60-1)              163

201-5..................... Request by members for directors to call general meetings 163

201-10................... When must directors comply with members' request?.... 164

201-15................... When must a requested meeting be held?........................ 165

Subdivision 201-B--How to call general meetings                                        165

201-20................... Amount of notice of general meetings............................ 165

201-25................... Notice of general meeting to members, officers and observers                166

201-30................... Auditor entitled to notice and other communications...... 168

201-35................... Contents of notice of general meeting............................. 168

Subdivision 201-C--Members' rights to put resolutions etc. to general meeting           169

201-40................... Members' resolutions..................................................... 169

201-45................... Notice of members' resolutions...................................... 170

201-50................... Members' statements to be distributed............................ 170

Subdivision 201-D--Holding general meetings                                              172

201-55................... Purpose........................................................................... 172

201-60................... Time and place for general meeting................................. 172

201-65................... Technology..................................................................... 172

201-70................... Quorum.......................................................................... 172

201-75................... Chairing general meeting (replaceable rule--see section 60-1)                173

201-80................... Auditor's right to be heard at general meetings............... 174

201-85................... Adjourned meetings........................................................ 175

Subdivision 201-E--Proxies                                                                                175

201-90................... Who may appoint a proxy (replaceable rule--see section 60-1)               175

201-95................... Rights of proxies............................................................ 176

201-100................. Appointing a proxy......................................................... 177

201-105................. Proxy documents............................................................ 178

201-110................. Body corporate representative......................................... 179

Subdivision 201-F--Voting at general meetings                                            180

201-115................. How many votes a member has (replaceable rule--see section 60-1)      180

201-120................. Objections to right to vote (replaceable rule--see section 60-1)               180

201-125................. How voting is carried out (replaceable rule--see section 60-1)               180

201-130................. Matters on which a poll may be demanded..................... 181

201-135................. When a poll is effectively demanded............................... 181

201-140................. When and how polls must be taken (replaceable rule--see section 60-1)                182

Subdivision 201-G--First general meeting and annual general meetings 182

201-145................. Corporation must hold first general meeting within 3 months of registration           182

201-150................. Corporation must hold AGM......................................... 182

201-155................. Extension of time for holding AGM............................... 183

201-160................. Business of AGM.......................................................... 183

201-165................. Questions and comments by members on corporation management at AGM          184

201-170................. Questions by members of auditors at AGM................... 184

Division 204--Resolutions without a general meeting                            185

204-1..................... Circulating resolutions.................................................... 185

204-5..................... Resolutions of 1 member corporations........................... 186

Part 5-3--Directors' meetings                                                                                    187

Division 209--Introduction                                                                                   187

209-1..................... What this Part is about.................................................... 187

Division 212--What are the rules concerning directors' meetings? 188

212-1..................... Constitution to provide for meetings............................... 188

212-5..................... Calling directors' meetings (replaceable rule--see section 60-1)             188

212-10................... Use of technology........................................................... 188

212-15................... Chairing directors' meetings (replaceable rule--see section 60-1)           188

212-20................... Quorum at directors' meetings........................................ 189

212-25................... Passing of directors' resolutions (replaceable rule--see section 60-1)     189

Division 215--Resolutions and declarations without meetings          190

215-1..................... Circulating resolutions of corporation with more than 1 director (replaceable rule--see section 60-1)    190

215-5..................... Resolutions and declarations of 1 director corporation... 190

Part 5-4--Minutes of meetings                                                                                   192

Division 220--Minutes of meetings                                                                   192

220-1..................... What this Part is about.................................................... 192

220-5..................... Minutes........................................................................... 192

220-10................... Members' access to minutes........................................... 194

Part 5-5--Exemption from operation of this Chapter                                197

Division 225--Exemption from operation of this Chapter                   197

225-1..................... What this Part is about.................................................... 197

225-5..................... Exemption from the provisions of this Chapter.............. 197

225-10................... Registrar may make determination even if application is incomplete        198

225-15................... Registrar's power to make determinations...................... 198

225-20................... Criteria for determinations.............................................. 199

Chapter 6--Officers                                                                                                201

Part 6-1--Introduction                                                                                                   201

Division 235--Introduction                                                                                   201

235-1..................... What this Chapter is about.............................................. 201

Part 6-2--Appointment, remuneration and cessation of appointment of directors          202

Division 240--Introduction                                                                                   202

240-1..................... What this Part is about.................................................... 202

Division 243--Number of directors                                                                  203

243-1..................... Minimum number of directors........................................ 203

243-5..................... Maximum number of directors....................................... 203

Division 246--Appointment of directors                                                        204

246-1..................... Eligibility for appointment as a director.......................... 204

246-5..................... Majority of director requirements................................... 204

246-10................... Consent to act as director................................................ 205

246-15................... Corporation may appoint a director (replaceable rule--see section 60-1) 205

246-20................... Directors may appoint other directors to make up a quorum (replaceable rule--see section 60-1)           205

246-25................... Term of appointment....................................................... 206

246-30................... Alternate directors (replaceable rule--see section 60-1). 207

246-35................... Effectiveness of acts by directors.................................... 207

Division 249--Resignation, retirement or removal of directors       209

249-1..................... How does a person cease to be a director?...................... 209

249-5..................... Director may resign........................................................ 209

249-10................... Removal by members..................................................... 210

249-15................... Removal by other directors............................................. 211

Division 252--Remuneration of directors                                                     214

252-1..................... Remuneration.................................................................. 214

252-5..................... Members may obtain information about directors' remuneration             214

Part 6-3--Appointment of secretaries and contact persons                     217

Division 257--Appointment of secretaries and contact persons       217

257-1..................... What this Part is about.................................................... 217

257-5..................... Requirement to have a secretary or contact person.......... 217

257-10................... Who may be a secretary or contact person...................... 218

257-15................... Consent to act as secretary or contact person.................. 218

257-20................... How a secretary or contact person is appointed.............. 219

257-25................... Director to be contact person in certain circumstances.... 219

257-30................... Contact person must pass on communications received.. 219

257-35................... Secretary must pass on communications received........... 220

257-40................... Effectiveness of acts by secretaries................................. 220

257-45................... Terms and conditions of office for secretaries (replaceable rule--see section 60-1)                221

257-50................... Terms and conditions of contact person's appointment (replaceable rule--see section 60-1)  221

Part 6-4--Duties and powers of directors and other officers and employees       222

Division 262--Introduction                                                                                   222

262-1..................... What this Part is about.................................................... 222

Division 265--General duties                                                                               223

265-1..................... Care and diligence--civil obligation only....................... 223

265-5..................... Good faith--civil obligations.......................................... 224

265-10................... Use of position--civil obligations.................................. 225

265-15................... Use of information--civil obligations............................. 225

265-20................... Acts done to comply with Native Title legislation obligations  226

265-25................... Good faith, use of position and use of information--criminal offences   226

265-30................... Interaction of sections 265-1 to 265-25 with other laws etc. 228

265-35................... Directors of wholly-owned subsidiaries......................... 228

265-40................... Responsibility of secretaries for certain contraventions.. 229

265-45................... Meaning of reasonable reliance on information or advice provided by others          229

265-50................... Responsibility for actions of delegate............................. 230

Division 268--Duties in relation to disclosure of, and voting on matters involving, material personal interests                                                                                                  232

268-1..................... Material personal interest--director's duty to disclose... 232

268-5..................... Interest as common law holder of native title.................. 234

268-10................... Director may give other directors standing notice about an interest          235

268-15................... Interaction of sections 268-1 and 268-10 with other laws etc. 236

268-20................... Restrictions on voting..................................................... 237

268-25................... Registrar's power to make declarations and class orders 238

Division 271--Duty to discharge certain trust liabilities                       240

271-1..................... Directors liable for debts and other obligations incurred by corporation as trustee  240

Division 274--Powers of directors                                                                    241

274-1..................... Powers of directors (replaceable rule--see section 60-1) 241

274-5..................... Negotiable instruments (replaceable rule--see section 60-1) 241

274-10................... Delegation....................................................................... 241

274-15................... Right of access to corporation books.............................. 242

Part 6-5--Disqualification from managing corporations                          244

Division 279--Disqualification from managing corporations            244

279-1..................... Disqualified person not to manage corporations............. 244

279-5..................... Automatic disqualification.............................................. 245

279-10................... Extension of period of automatic disqualification........... 247

279-15................... Court power of disqualification--contravention of civil penalty provision              247

279-20................... Court power of disqualification--insolvency and non-payment of debts 248

279-25................... Court power of disqualification--repeated contraventions of Act            250

279-30................... Registrar's power of disqualification.............................. 251

279-35................... Court power to grant leave.............................................. 253

Part 6-6--Member approval needed for related party benefit              254

Division 284--Need for member approval                                                   254

284-1..................... Need for member approval for financial benefit.............. 254

284-5..................... Consequences of breach................................................. 254

284-10................... Exemptions..................................................................... 255

Division 287--Exceptions to the requirement for member approval 256

287-1..................... Remuneration and reimbursement for officer or employee 256

287-5..................... Benefit to or by closely-held subsidiary.......................... 258

287-10................... Benefits to members that do not discriminate unfairly.... 258

287-12................... Benefits given to comply with Native Title legislation obligations           258

287-15................... Court order..................................................................... 259

Division 290--Procedure for obtaining member approval                  260

290-1..................... Resolution may specify matters by class or kind............ 260

290-5..................... Corporation must lodge material that will be put to members with the Registrar      260

290-10................... Requirements for explanatory statement to members...... 261

290-15................... Registrar may comment on proposed resolution............. 262

290-20................... Requirements for notice of meeting................................ 262

290-25................... Other material put to members........................................ 263

290-30................... Proposed resolution cannot be varied............................. 264

290-35................... Voting by or on behalf of related party interested in proposed resolution                264

290-40................... Voting on the resolution................................................. 265

290-45................... Notice of resolution to be lodged.................................... 266

290-50................... Declaration by court of substantial compliance............... 267

Division 293--Related parties and financial benefits                              268

293-1..................... Related parties................................................................. 268

293-5..................... Giving a financial benefit................................................ 269

Division 296--Interaction with other rules                                                  271

296-1..................... General duties still apply................................................. 271

Part 6-7--Public information about directors, secretaries and contact persons 272

Division 301--Introduction                                                                                   272

301-1..................... What this Part is about.................................................... 272

Division 304--Information to be provided                                                   273

304-1..................... Director, alternate director, secretary or contact person may notify the Registrar of resignation or retirement........................................................................................ 273

304-5..................... Notice of name and address of directors and secretaries to the Registrar 273

304-10................... Director, alternate director, secretary and contact person must give information to corporation               275

304-15................... Address for officers........................................................ 276

Division 307--Registrar may ask for information                                   278

307-1..................... Registrar's power to ask for information about person's position as director, secretary or contact person........................................................................................ 278

Part 6-7A--Director identification numbers                                                     279

308-1..................... What this Part is about.................................................... 279

308-5..................... Giving and cancelling director identification numbers.... 279

308-10................... Applying for a director identification number................. 280

308-15................... Eligible officers............................................................... 281

308-20................... Requirement to have a director identification number..... 281

308-25................... Requirement to apply for a director identification number 282

308-30................... Commonwealth Registrar may extend application periods 283

308-35................... Infringement notices....................................................... 284

308-40................... Applying for additional director identification numbers.. 284

308-45................... Misrepresenting director identification numbers............. 285

Part 6-8--Exemption from operation of certain provisions of this Chapter         286

310-1..................... What this Part is about.................................................... 286

310-5..................... Exemption from certain provisions of this Chapter......... 286

310-10................... Registrar may make determination even if application is incomplete        287

310-15................... Registrar's power to make determinations...................... 287

310-20................... Criteria for determinations.............................................. 288

Chapter 7--Record keeping, reporting requirements and books   290

Part 7-1--Introduction                                                                                                   290

Division 317--Introduction                                                                                   290

317-1..................... What this Chapter is about.............................................. 290

Part 7-2--Record keeping requirements                                                             291

Division 322--Record keeping requirements                                              291

322-1..................... What this Part is about.................................................... 291

322-5..................... Obligation to keep copy of constitution and records about officers, contact person, etc.          292

322-10................... Obligation to keep financial records................................ 292

322-15................... Physical format............................................................... 293

322-20................... Place where records are kept........................................... 293

322-25................... Director access................................................................ 294

Part 7-3--Reporting requirements                                                                          295

Division 327--Overview of reporting obligations                                    295

327-1..................... Reports that an Aboriginal and Torres Strait Islander corporation must prepare and lodge      295

Division 330--General report for each financial year                           296

330-1..................... Aboriginal and Torres Strait Islander corporation must prepare a general report each financial year       296

330-5..................... Contents of general report............................................... 296

330-10................... General report to be lodged with Registrar..................... 297

Division 333--Financial and other reports required by the regulations               298

333-1..................... What this Division is about............................................. 298

333-5..................... Regulations may require financial reports, directors' reports and other reports to be prepared                298

333-10................... Contents of reports......................................................... 300

333-15................... Other requirements in relation to report.......................... 301

333-20................... Aboriginal and Torres Strait Islander corporation to obtain audit report if audit required        302

Division 336--Registrar may increase reporting requirements       303

336-1..................... Registrar may require additional report, or otherwise increase reporting requirements, for particular corporation...................................................................... 303

336-5..................... Registrar may require additional reports, or otherwise increase reporting requirements, for class of corporation........................................................................................ 305

Division 339--Audit of financial reports                                                       308

Subdivision 339-A--Introduction                                                                      308

339-1..................... What this Division is about............................................. 308

339-5..................... Application of Division.................................................. 308

339-10................... When financial report required to comply with accounting standards      309

339-15................... When audit required to be conducted in accordance with auditing standards           309

339-20................... Lead and review auditors................................................ 309

339-25................... Professional members of the audit team.......................... 310

Subdivision 339-B--Conduct of the audit                                                        310

339-30................... Auditor to form opinion.................................................. 310

339-35................... Auditor obligations in relation to auditing standards....... 311

339-40................... Auditor's report.............................................................. 311

339-45................... Other requirements in relation to auditor's report........... 313

339-50................... Auditor's independence declaration................................ 313

339-55................... Audit working papers to be retained for 7 years............. 315

Subdivision 339-C--Qualification, experience and registration               318

339-60................... Qualification and experience: individual auditor............. 318

339-65................... Qualification and experience: audit firm.......................... 319

339-70................... Registration requirements for appointment of company as auditor           321

Subdivision 339-D--Auditor independence                                                     323

339-75................... Independence of auditors: application of Corporations Act auditor independence provisions  323

339-80................... Independence of auditors: alternative independence requirements            324

Subdivision 339-E--Auditor's powers and duties                                          325

339-85................... Auditor's power to obtain information........................... 325

339-90................... Reporting to the Registrar............................................... 325

339-95................... Assisting auditor............................................................. 328

Subdivision 339-F--Appointment and removal of auditors                       329

339-100................. Appointment and removal of auditors............................. 329

Division 342--Financial reporting to members                                          330

342-1..................... What this Division is about............................................. 330

342-5..................... Annual financial reporting to members........................... 330

342-10................... Deadline for giving member copy of report.................... 332

Division 345--Consolidated financial report                                               333

345-1..................... Directors and officers of controlled entity to give information 333

345-5..................... Auditor's power to obtain information from controlled entity  333

345-10................... Controlled entity to assist auditor.................................... 333

345-15................... Application of sections 345-1 to 345-10 to entity that has ceased to be controlled   334

Division 348--Lodging reports                                                                           335

348-1..................... Lodging annual reports with the Registrar...................... 335

348-5..................... Relodgment if report amended after lodgment................ 335

Part 7-4--Registrar may exempt from record keeping and reporting requirements      337

Division 353--Registrar may exempt from record keeping and reporting requirements           337

353-1..................... What this Part is about.................................................... 337

353-3..................... Exemption from the provisions of this Chapter.............. 337

353-5..................... Registrar may make determination even if application is incomplete        338

353-10................... Registrar's power to make determinations...................... 338

Part 7-5--Criteria for determining level of reporting requirements  340

Division 358--Criteria for determining level of reporting requirements             340

358-1..................... What this Part is about.................................................... 340

358-5..................... Criteria for determinations about level of reporting requirements             340

358-10................... Reporting obligations...................................................... 342

Part 7-6--Sanctions for contraventions of record keeping and reporting requirements              343

Division 363--Sanctions for contraventions of record keeping and reporting requirements   343

363-1..................... Sanctions........................................................................ 343

Part 7-7--Modifications of record keeping and reporting requirements by regulations               344

Division 368--Modifications of record keeping and reporting requirements by regulations    344

368-1..................... Modification by regulations............................................ 344

Part 7-8--Books                                                                                                                  345

Division 373--Introduction                                                                                   345

373-1..................... What this Part is about.................................................... 345

Division 376--When and where may books be inspected?                   346

376-1..................... Inspection of books........................................................ 346

376-5..................... Translations of instruments and books........................... 347

376-10................... Court may compel compliance........................................ 348

376-15................... Admissibility of books in evidence................................. 348

376-20................... Form of books................................................................ 349

376-25................... Protection of books......................................................... 349

376-30................... Evidentiary value............................................................ 350

376-35................... Falsification of books..................................................... 350

Chapter 8--Civil consequences of contravening civil penalty provisions              352

Division 386--Civil consequences of contravening civil penalty provisions       352

386-1..................... Declarations of contravention......................................... 352

386-5..................... Declaration of contravention is conclusive evidence....... 353

386-10................... Pecuniary penalty orders................................................. 353

386-15................... Compensation orders--civil penalty provisions............. 354

386-20................... Who may apply for a declaration or order....................... 354

386-25................... Time limit for application for a declaration or order........ 355

386-30................... Civil evidence and procedure rules for declarations of contravention and civil penalty orders 355

386-35................... Civil proceedings after criminal proceedings.................. 356

386-40................... Criminal proceedings during civil proceedings............... 356

386-45................... Criminal proceedings after civil proceedings.................. 356

386-50................... Evidence given in proceedings for penalty not admissible in criminal proceedings  357

386-55................... Registrar requiring person to assist................................. 357

386-60................... Relief from liability for contravention of civil penalty provision              358

Chapter 9--Lodgments and registers                                                   361

Part 9-1--Introduction                                                                                                   361

Division 396--Introduction                                                                                   361

396-1..................... What this Chapter is about.............................................. 361

Part 9-2--Lodgments with the Registrar                                                            362

Division 401--Introduction                                                                                   362

401-1..................... What this Part is about.................................................... 362

Division 404--What is the form in which documents may be lodged? 363

404-1..................... Forms for documents to be lodged with the Registrar.... 363

404-5..................... Signing documents lodged with the Registrar................. 363

404-10................... Documents lodged with the Registrar electronically....... 364

404-15................... Relodging of lost registered documents.......................... 365

Division 407--Registrar's powers                                                                     367

407-1..................... Registrar may refuse to receive or register documents.... 367

407-5..................... Registrar may require additional information.................. 367

407-10................... Registrar may require information from persons on a register 368

407-15................... Telephone or email notice of certain changes.................. 368

407-20................... Registrar may destroy or dispose of lodged documents.. 369

Division 410--Courts power if documents not lodged                            370

410-1..................... Court may make certain orders....................................... 370

Part 9-3--Registers                                                                                                           372

Division 415--Introduction                                                                                   372

415-1..................... What this Part is about.................................................... 372

Division 418--Registers to be kept                                                                   373

418-1..................... Registers......................................................................... 373

418-5..................... Form of registers............................................................ 373

418-10................... Register of Aboriginal and Torres Strait Islander Corporations               373

418-15................... Register of Disqualified Officers.................................... 373

Division 421--What information may a person obtain from the Registrar?     374

421-1..................... Inspection and production of records.............................. 374

421-5..................... Requests and certification of copy or extract etc............. 376

Division 424--Validity and use of information etc. obtained from a register    377

424-1..................... Validity of copy or extract.............................................. 377

424-5..................... Use in court proceedings etc. of documents issued by Registrar              377

424-10................... Registrar's certificate that person was a director etc........ 379

Chapter 10--Regulation and enforcement                                     380

Part 10-1--Introduction                                                                                                 380

Division 434--Introduction                                                                                   380

434-1..................... What this Chapter is about.............................................. 380

Part 10-2--Regulation of Aboriginal and Torres Strait Islander corporations   381

Division 439--Regulation of Aboriginal and Torres Strait Islander corporations         381

439-1..................... What this Part is about.................................................... 381

439-5..................... Registrar may convene meetings of interested persons... 381

439-10................... Registrar may call a general meeting (other than an AGM) 382

439-15................... Registrar may call an AGM............................................ 384

439-20................... Registrar may require compliance with Act etc............... 385

Part 10-3--Enforcement                                                                                                387

Division 444--Introduction                                                                                   387

444-1..................... What this Part is about.................................................... 387

Division 447--Authorised officers                                                                     388

447-1..................... Appointment of authorised officers................................ 388

447-5..................... Identity cards.................................................................. 388

Division 450--Purposes for which powers under this Part may be exercised   389

450-1..................... Purposes for which power under this Part may be exercised 389

Division 453--Examination of books and persons                                    390

453-1..................... Examination of books..................................................... 390

453-5..................... Production of books or attendance to answer questions. 391

453-10................... Remuneration of authorised officer................................. 392

Division 456--Warrants for books not produced                                     394

Subdivision 456-A--Warrants applied for in person                                   394

456-1..................... Application for warrant to seize books not produced...... 394

456-5..................... Grant of warrant............................................................. 394

456-10................... Powers where books produced or seized........................ 395

Subdivision 456-B--Warrants by telephone or other electronic means  398

456-15................... Applying for warrants by telephone or other electronic means                398

456-20................... Issuing warrants by telephone etc................................... 398

456-25................... Unsigned warrants by telephone etc. in court proceedings 399

Subdivision 456-C--Offences relating to warrants by telephone or other electronic means     400

456-30................... Offence for stating incorrect names in warrants by telephone etc.            400

456-35................... Offence for unauthorised form of warrant...................... 400

456-40................... Offence for execution etc. of unauthorised form of warrant 400

456-45................... Offence for giving unexecuted form of warrant.............. 401

Subdivision 456-D--Warrant details to be given to occupier                     401

456-50................... Details of warrant to be given to occupier etc................. 401

Part 10-4--Offences relating to regulatory and enforcement powers of Registrar          402

Division 461--Offences relating to regulatory and enforcement powers of Registrar                402

461-1..................... Obstructing Registrar or interfering with meeting called by Registrar etc.               402

461-5..................... False information............................................................ 403

461-10................... Concealing books relevant to investigation..................... 403

461-15................... Self-incrimination........................................................... 404

Part 10-5--Protection for whistleblowers                                                           405

Division 466--Which disclosures qualify for protection under this Part?           405

466-1..................... Disclosures qualifying for protection.............................. 405

Division 469--Effects of disclosure                                                                   407

469-1..................... Disclosure that qualifies for protection not actionable etc. 407

469-5..................... Victimisation prohibited.................................................. 408

469-10................... Right to compensation.................................................... 409

Division 472--Confidentiality requirement                                                  410

472-1..................... Confidentiality requirements for corporations, corporation officers and employees and auditors            410

Chapter 11--External administration                                                 412

Part 11-1--Introduction                                                                                                 412

Division 482--Introduction                                                                                   412

482-1..................... What this Chapter is about.............................................. 412

Part 11-2--Special administration                                                                           414

Division 487--Special administration of Aboriginal and Torres Strait Islander corporation  414

487-1..................... Registrar may put Aboriginal and Torres Strait Islander corporation under special administration          414

487-5..................... Grounds for special administration................................. 415

487-10................... Show cause notice procedure.......................................... 417

487-15................... Extension of period of special administration................. 418

487-20................... Registrar may terminate special administration............... 419

487-25................... References to corporation under special administration.. 419

Division 490--Appointment of special administrator                             421

490-1..................... Registrar may appoint special administrator.................... 421

490-5..................... Period of appointment..................................................... 421

Division 493--Notice requirements                                                                  422

493-1..................... Notice of special administration determination or appointment of special administrator           422

Division 496--Effect of appointment of special administrator on officers of the corporation 424

496-1..................... General rule that offices of directors and secretary vacated when special administrator appointed           424

496-5..................... Registrar may determine that offices not vacated in certain circumstances               424

496-10................... Powers of officers can only be exercised by, or with the consent of, special administrator     425

496-15................... Only special administrator can deal with corporation's property              426

496-20................... Order for compensation where officer involved in void transaction         428

Division 499--Function, duties and powers of special administrator 430

499-1..................... Function of special administrator.................................... 430

499-5..................... Powers of special administrator...................................... 430

499-10................... Applying Corporations Act provisions to Aboriginal and Torres Strait Islander corporation that is under special administration...................................................... 431

Division 502--Special administrator to report to Registrar               433

502-1..................... Report to Registrar.......................................................... 433

Division 505--Termination of special administrator's appointment 434

505-1..................... Termination of appointment of special administrator...... 434

505-5..................... Grounds for terminating appointment............................. 435

505-10................... Registrar to appoint new special administrator in certain circumstances   435

Division 508--Transition to normal control of the corporation's affairs at end of special administration                                                                                                                    436

508-1..................... Special administrator to ensure that there will be directors when corporation ceases to be under special administration................................................................. 436

508-5..................... Election of directors to take over affairs of corporation when corporation ceases to be under special administration................................................................. 437

Division 511--Miscellaneous                                                                                438

511-1..................... Remuneration of special administrator............................ 438

Part 11-3--Receivers, and other controllers, of property of corporations             440

Division 516--Receivers, and other controllers, of property of corporations  440

516-1..................... Applying Corporations Act receiver provisions to Aboriginal and Torres Strait Islander corporations   440

Part 11-4--Administration of an Aboriginal and Torres Strait Islander corporation's affairs with a view to executing a deed of corporation arrangement                        442

Division 521--Administration of an Aboriginal and Torres Strait Islander corporation's affairs with a view to executing a deed of corporation arrangement 442

521-1..................... Applying Corporations Act administration provisions to Aboriginal and Torres Strait Islander corporations........................................................................................ 442

521-5..................... Administrator's capacity to act as trustee........................ 443

521-10................... Corporations Act administrator cannot be appointed if special administrator appointed           443

521-15................... Effect of appointment of special administrator on Corporations Act administrator  444

Part 11-4A--Restructuring of an Aboriginal and Torres Strait Islander corporation   445

Division 522--Restructuring of an Aboriginal and Torres Strait Islander corporation             445

522-1..................... Applying Corporations Act restructuring provisions to Aboriginal and Torres Strait Islander corporations........................................................................................ 445

522-2..................... Corporations Act restructuring practitioner cannot be appointed if special administrator appointed         446

522-3..................... Effect of appointment of special administrator--Aboriginal and Torres Strait Islander corporation under restructuring.................................................................... 446

522-4..................... Effect of appointment of special administrator--Aboriginal and Torres Strait Islander corporation subject to restructuring plan............................................................ 447

Part 11-5--Winding up                                                                                                  449

Division 526--Winding up                                                                                     449

526-1..................... Court may order winding up........................................... 449

526-5..................... Grounds for Court ordered winding up.......................... 449

526-10................... Acts etc. done to comply with Native Title legislation requirement          451

526-15................... Who may apply to court for winding up order................ 451

526-20................... Voluntary winding up..................................................... 453

526-25................... Distribution of surplus assets in winding up by Court... 454

526-30................... Distribution of surplus assets in voluntary winding up.. 455

526-35................... Applying Corporations Act winding up provisions to Aboriginal and Torres Strait Islander corporations........................................................................................ 457

526-40................... Application of Corporations Act pre-winding up provisions 458

Part 11-6--Insolvent trading and creditor-defeating dispositions       460

Division 531--Insolvent trading and creditor-defeating dispositions 460

531-1..................... Applying Corporations Act insolvent trading and creditor-defeating disposition provisions to Aboriginal and Torres Strait Islander corporations.................................. 460

531-5..................... Sections 588G, 588GAB and 588GAC of Corporations Act prevail over conflicting Native Title legislation obligations...................................................................... 461

Part 11-7--Employees' entitlements                                                                       462

Division 536--Employees' entitlements                                                          462

536-1..................... Applying Corporations Act employees' entitlements provisions to Aboriginal and Torres Strait Islander corporations.................................................................... 462

Chapter 12--Transfer of registration, deregistration and unclaimed property              464

Part 12-1--Transfer of registration to another system                               464

Division 540--Transfer of registration                                                          464

540-1..................... Transferring registration................................................. 464

540-5..................... Applying to transfer registration..................................... 464

540-10................... Registrar makes transfer of registration declaration........ 465

540-15................... Registrar to deregister corporation.................................. 465

Part 12-2--Deregistration                                                                                             466

Division 546--Deregistration                                                                               466

546-1..................... Deregistration--voluntary.............................................. 466

546-5..................... Deregistration--Registrar initiated.................................. 467

546-10................... Deregistration--following amalgamation or winding up 468

546-15................... Registered native title body corporate............................. 469

546-20................... Effect of deregistration.................................................... 470

546-25................... What the Registrar does with the property...................... 471

546-30................... Registrar's power to fulfil outstanding obligations of deregistered corporation       472

546-35................... Claims against insurers of deregistered corporation........ 473

546-40................... Reinstatement.................................................................. 473

546-45................... Regulations may modify Division in relation to statutory Indigenous land trusts    474

Part 12-3--Unclaimed property                                                                                476

Division 551--Unclaimed property                                                                   476

551-1..................... Unclaimed property........................................................ 476

551-5..................... Registrar to deal with unclaimed property....................... 476

551-10................... Registrar and Commonwealth not liable to pay calls on shares etc.          476

551-15................... Disposition of money that is unclaimed property etc...... 477

551-20................... Establishment of the Aboriginal and Torres Strait Islander Corporations Unclaimed Money Account    477

551-25................... Credits of amounts to Account....................................... 477

551-30................... Purposes of Account...................................................... 477

551-35................... Claims of disposition of money to incorrect payee......... 478

551-40................... Commonwealth or Registrar not liable for loss or damage 479

Chapter 13--Offences                                                                                           480

Part 13-1--Offences about false or misleading statements etc.              480

Division 561--Offences about false or misleading statements etc.  480

561-1..................... False or misleading statements........................................ 480

561-5..................... False information etc....................................................... 482

Part 13-2--General matters relating to offences                                            484

Division 566--General matters relating to offences                                484

566-1..................... Penalties for bodies corporate......................................... 484

566-5..................... Penalty notices................................................................ 484

566-10................... Continuing offences........................................................ 487

566-15................... Time for instituting criminal proceedings........................ 491

566-20................... Privilege against self-incrimination not available to bodies corporate in certain proceedings   491

566-25................... Certain persons to assist in prosecutions........................ 491

Chapter 14--Courts and proceedings                                                 493

Part 14-1--Powers of courts                                                                                       493

Division 576--Powers of courts                                                                          493

576-1..................... Power to grant relief....................................................... 493

576-5..................... Power of Court to give directions with respect to meetings ordered by the Court    494

576-10................... Appeals from decisions of receivers, liquidators etc....... 494

576-15................... Irregularities.................................................................... 495

576-20................... Power of Court to prohibit payment or transfer of money, financial products or other property              498

576-25................... Injunctions...................................................................... 501

576-30................... Effect of sections 576-20 and 576-25............................. 503

576-35................... Power of Court to punish for contempt of Court............ 503

Part 14-2--Proceedings                                                                                                  504

Division 581--Proceedings                                                                                    504

581-1..................... The Registrar's power to intervene in proceedings......... 504

581-5..................... Civil proceedings not to be stayed.................................. 504

581-10................... Standard of proof............................................................ 504

581-15................... Evidence of contravention............................................... 505

581-20................... Costs............................................................................... 505

581-25................... Vesting of property......................................................... 506

581-30................... Civil proceedings in relation to registered native title bodies corporate    507

Part 14-3--Jurisdiction and procedure of courts                                           508

Division 586--Civil jurisdiction                                                                          508

Subdivision 586-A--Introduction                                                                      508

586-1..................... Operation of Division..................................................... 508

Subdivision 586-B--Conferral of jurisdiction                                               509

586-5..................... Jurisdiction of Federal Court and State and Territory Supreme Courts    509

586-10................... Jurisdiction of Federal Circuit and Family Court of Australia (Division 1) and State Family Courts      510

586-15................... Jurisdiction of courts (decisions to prosecute and related criminal justice process decisions made by Commonwealth officers)................................................ 510

586-20................... Jurisdiction of lower courts............................................ 512

586-25................... Appeals........................................................................... 513

586-30................... Courts to act in aid of each other..................................... 514

Subdivision 586-C--Transfer of proceedings                                                514

586-35................... Transfer of proceedings by the Federal Court and State and Territory Supreme Courts          514

586-40................... Transfer of proceedings by the Federal Circuit and Family Court of Australia (Division 1) and State Family Courts............................................................................. 516

586-45................... Transfer of proceedings in lower courts......................... 518

586-50................... Further matters for a court to consider when deciding whether to transfer a proceeding          519

586-55................... Transfer may be made at any stage................................. 520

586-60................... Transfer of documents.................................................... 520

586-65................... Conduct of proceedings.................................................. 520

586-70................... Rights of appearance....................................................... 521

586-75................... Limitation on appeals...................................................... 522

Subdivision 586-D--Rules of court                                                                    522

586-80................... Rules of the Federal Court.............................................. 522

586-85................... Rules of the Supreme Court............................................ 523

586-90................... Rules of the Federal Circuit and Family Court of Australia (Division 1) 523

Division 589--Criminal jurisdiction                                                                 525

589-1..................... Operation of Division..................................................... 525

589-5..................... Jurisdiction of courts...................................................... 525

589-10................... Laws to be applied.......................................................... 528

Chapter 15--Administration                                                                         529

Part 15-1--Introduction                                                                                                 529

Division 599--Introduction                                                                                   529

599-1..................... What this Chapter is about.............................................. 529

Part 15-2--Protection of information                                                                    530

Division 604--Protection of information                                                       530

604-1..................... What this Part is about.................................................... 530

604-5..................... Protected information...................................................... 530

604-10................... Registrar's obligations in relation to protected information 531

604-15................... Special administrator's obligations in relation to protected information   531

604-20................... Consultant's obligations in relation to protected information 532

604-25................... Authorised use or disclosure.......................................... 532

Part 15-3--Protection from liability for Registrar, Minister etc.          536

Division 609--Protection from liability for Registrar, Minister etc. 536

609-1..................... Protection from liability for Minister, Registrar etc......... 536

Part 15-4--Review of decisions                                                                                 537

Division 614--Introduction                                                                                   537

614-1..................... What this Part is about.................................................... 537

Division 617--Reviewable decisions                                                                 538

617-1..................... Reviewable decisions...................................................... 538

617-5..................... Deadlines for making reviewable decisions.................... 543

617-10................... Notice of reviewable decision and review rights............. 543

Division 620--Internal review of reviewable decisions                         545

620-1..................... Registrar may reconsider reviewable decisions on own initiative             545

620-5..................... Reconsideration of reviewable decisions........................ 545

Division 623--AAT review of reviewable decisions                                547

623-1..................... AAT review of reviewable decisions.............................. 547

Part 15-5--Fees                                                                                                                   548

Division 628--Fees                                                                                                     548

628-1..................... Fees................................................................................ 548

628-5..................... Lodgment of document without payment of fee.............. 548

628-10................... Doing act without payment of fee................................... 548

628-15................... Effect of sections 628-5 and 628-10............................... 549

628-20................... Debt due to the Commonwealth...................................... 549

628-25................... Payment of fee does not give right to inspect or search.. 549

Part 15-6--Regulations                                                                                                   550

Division 633--Regulations                                                                                     550

633-1..................... General regulation making power................................... 550

633-5..................... Regulations concerning registered native title bodies corporate                550

Part 15-7--Approved forms                                                                                        553

Division 638--Approved forms                                                                           553

638-1..................... Registrar may approve forms.......................................... 553

Chapter 16--Registrar and Deputy Registrars of Aboriginal and Torres Strait Islander Corporations                                                                                  555

Part 16-1--Introduction                                                                                                 555

Division 648--Introduction                                                                                   555

648-1..................... What this Chapter is about.............................................. 555

Part 16-2--Appointment of the Registrar and Deputy Registrars      556

Division 653--Appointment of Registrar and Deputy Registrars    556

653-1..................... Registrar of Aboriginal and Torres Strait Islander Corporations              556

653-5..................... Deputy Registrars of Aboriginal and Torres Strait Islander Corporations               556

Part 16-3--Registrar's functions and powers                                                  557

Division 658--Registrar's functions and powers                                      557

658-1..................... Functions of the Registrar............................................... 557

658-5..................... Aims of the Registrar...................................................... 558

658-10................... Powers of the Registrar.................................................. 559

658-15................... Registrar to have a seal................................................... 559

658-20................... Judicial notice of certain matters..................................... 559

Part 16-4--Matters concerning the Registrar's and Deputy Registrars' appointments 560

Division 663--Matters concerning the Registrar's and Deputy Registrars' appointments       560

663-1..................... Registrar's remuneration................................................. 560

663-5..................... Resignation..................................................................... 560

663-10................... Termination of Registrar's appointment.......................... 560

663-15................... Termination of Deputy Registrar's appointment............. 561

663-20................... Disclosure of interests.................................................... 561

663-25................... Acting appointments....................................................... 561

663-30................... Leave of absence............................................................. 562

663-35................... Outside employment....................................................... 562

Part 16-5--Delegation                                                                                                     563

Division 668--Delegation                                                                                       563

668-1..................... Delegation by Registrar.................................................. 563

668-5..................... Sub-delegation by Deputy Registrar............................... 563

Part 16-6--Staffing                                                                                                           565

Division 673--Staffing                                                                                             565

673-1..................... Staff assisting the Registrar and Deputy Registrar.......... 565

673-5..................... Engagement of consultants etc. by the Registrar............. 565

Chapter 17--Interpreting this Act                                                           566

Part 17-1--Meaning of some important concepts                                          566

Division 683--Directors and officers of Aboriginal and Torres Strait Islander corporations 566

683-1..................... Meaning of director and officer...................................... 566

Division 686--Associates                                                                                        569

686-1..................... Effect of Division........................................................... 569

686-5..................... Associates of bodies corporate....................................... 569

686-10................... General........................................................................... 569

686-15................... Exclusions...................................................................... 570

Division 689--Subsidiaries and control                                                          571

689-1..................... What is a subsidiary........................................................ 571

689-5..................... Control of a body corporate's board............................... 571

689-10................... Matters to be disregarded................................................ 572

689-15................... References in this Division to a subsidiary..................... 573

689-20................... Related bodies corporate................................................. 573

689-25................... Control............................................................................ 573

Part 17-2--Interpretation of other expressions                                               575

Division 694--Interpretation of other expressions                                  575

694-1..................... Giving information......................................................... 575

694-5..................... Doing acts....................................................................... 575

694-10................... Signing........................................................................... 575

694-15................... Business affairs of a body corporate............................... 575

694-20................... Business affairs of a natural person................................ 575

694-25................... Business affairs of a partnership..................................... 576

694-30................... Business affairs of a trust............................................... 577

694-35................... Meaning of court and Court............................................ 577

694-40................... Entities............................................................................ 578

694-45................... Entities connected with a corporation (including an Aboriginal and Torres Strait Islander corporation)  578

694-50................... Extension of period for doing an act............................... 580

694-55................... Involvement in contraventions........................................ 580

694-60................... Possession...................................................................... 581

694-65................... Public document of a body corporate.............................. 581

694-70................... Receivers and managers.................................................. 582

694-75................... Securities........................................................................ 582

694-80................... Solvency and insolvency................................................ 583

694-85................... Meaning of chief executive officer function..................... 583

694-90................... Applications to be in writing........................................... 584

694-95................... Effect of certain contraventions of this Act..................... 584

694-100................. Effect of provisions empowering a person to require or prohibit conduct                585

694-105................. Calculation of time.......................................................... 585

694-110................. Performance of functions by Registrar or Deputy Registrar includes reference to delegate etc.               585

694-115................. Certain family relationships............................................ 586

694-120................. Commonwealth Registrar............................................... 586

Part 17-3--Dictionary                                                                                                     588

Division 700--Dictionary                                                                                       588

700-1..................... Dictionary....................................................................... 588

Endnotes                                                                                                                                  613

Endnote 1--About the endnotes                                                                          613

Endnote 2--Abbreviation key                                                                              615

Endnote 3--Legislation history                                                                           616

Endnote 4--Amendment history                                                                         620

Endnotes

Endnote 1--About the endnotes

The endnotes provide information about this compilation and the compiled law.

The following endnotes are included in every compilation:

Endnote 1--About the endnotes

Endnote 2--Abbreviation key

Endnote 3--Legislation history

Endnote 4--Amendment history

Abbreviation key--Endnote 2

The abbreviation key sets out abbreviations that may be used in the endnotes.

Legislation history and amendment history--Endnotes 3 and 4

Amending laws are annotated in the legislation history and amendment history.

The legislation history in endnote 3 provides information about each law that has amended (or will amend) the compiled law. The information includes commencement details for amending laws and details of any application, saving or transitional provisions that are not included in this compilation.

The amendment history in endnote 4 provides information about amendments at the provision (generally section or equivalent) level. It also includes information about any provision of the compiled law that has been repealed in accordance with a provision of the law.

Editorial changes

The Legislation Act 2003 authorises First Parliamentary Counsel to make editorial and presentational changes to a compiled law in preparing a compilation of the law for registration. The changes must not change the effect of the law. Editorial changes take effect from the compilation registration date.

If the compilation includes editorial changes, the endnotes include a brief outline of the changes in general terms. Full details of any changes can be obtained from the Office of Parliamentary Counsel.

Misdescribed amendments

A misdescribed amendment is an amendment that does not accurately describe how an amendment is to be made. If, despite the misdescription, the amendment can be given effect as intended, then the misdescribed amendment can be incorporated through an editorial change made under section 15V of the Legislation Act 2003.

If a misdescribed amendment cannot be given effect as intended, the amendment is not incorporated and "(md not incorp)" is added to the amendment history.

 

Endnote 2--Abbreviation key

 

ad = added or inserted	o = order(s)
am = amended	Ord = Ordinance
amdt = amendment	orig = original
c = clause(s)	par = paragraph(s)/subparagraph(s)
C[x] = Compilation No. x	/sub-subparagraph(s)
Ch = Chapter(s)	pres = present
def = definition(s)	prev = previous
Dict = Dictionary	(prev ... ) = previously
disallowed = disallowed by Parliament	Pt = Part(s)
Div = Division(s)	r = regulation(s)/rule(s)
ed = editorial change	reloc = relocated
exp = expires/expired or ceases/ceased to have	renum = renumbered
effect	rep = repealed
F = Federal Register of Legislation	rs = repealed and substituted
gaz = gazette	s = section(s)/subsection(s)
LA = Legislation Act 2003	Sch = Schedule(s)
LIA = Legislative Instruments Act 2003	Sdiv = Subdivision(s)
(md) = misdescribed amendment can be given	SLI = Select Legislative Instrument
effect	SR = Statutory Rules
(md not incorp) = misdescribed amendment	Sub-Ch = Sub-Chapter(s)
cannot be given effect	SubPt = Subpart(s)
mod = modified/modification	underlining = whole or part not
No. = Number(s)	commenced or to be commenced

 

Endnote 3--Legislation history

 

Act	Number and year	Assent	Commencement	Application, saving and transitional provisions
Corporations (Aboriginal and Torres Strait Islander) Act 2006	124, 2006	4 Nov 2006	1 July 2007
Same-Sex Relationships (Equal Treatment in Commonwealth Laws--General Law Reform) Act 2008	144, 2008	9 Dec 2008	Schedule 6 (items 5-10): 10 Dec 2008	--
Personal Property Securities (Consequential Amendments) Act 2009	131, 2009	14 Dec 2009	Schedule 5 (items 21, 22): 30 Jan 2012 (see F2011L02397)	--
Crimes Legislation Amendment (Serious and Organised Crime) Act (No. 2) 2010	4, 2010	19 Feb 2010	Schedule 10 (item 5): 20 Feb 2010	--
Statute Law Revision Act 2010	8, 2010	1 Mar 2010	Schedule 5 (item 137(a)): 1 Mar 2010 (see s 2(1) items 31 and 38)	--
Families, Housing, Community Services and Indigenous Affairs and Other Legislation Amendment (2009 Measures) Act 2010	38, 2010	13 Apr 2010	Schedule 7 (items 9-26): 14 April 2010	Sch. 7 (item 26)
Corporations and Other Legislation Amendment (Trustee Companies and Other Measures) Act 2011	24, 2011	12 Apr 2011	Schedule 1 (items 1, 2): 13 Apr 2011	--
Acts Interpretation Amendment Act 2011	46, 2011	27 June 2011	Schedule 2 (items 447-452) and Schedule 3 (items 10, 11): 27 Dec 2011	Sch. 3 (items 10, 11)
Business Names Registration (Transitional and Consequential Provisions) Act 2011	127, 2011	3 Nov 2011	Schedule 2 (items 10-13): 20 Apr 2012 (see s. 2(1))	--
Personal Liability for Corporate Fault Reform Act 2012	180, 2012	10 Dec 2012	Sch 6 (items 7-16) and Sch 7: 11 Dec 2012 (s 2)	Sch 7
Statute Law Revision Act (No. 1) 2014	31, 2014	27 May 2014	Sch 1 (item 13): 24 June 2014	--
Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014	62, 2014	30 June 2014	Sch 8 (items 81-83) and Sch 14: 1 July 2014 (s 2(1) item 6, 14)	Sch 14
as amended by
Public Governance and Resources Legislation Amendment Act (No. 1) 2015	36, 2015	13 Apr 2015	Sch 2 (items 7-9) and Sch 7: 14 Apr 2015 (s 2)	Sch 7
as amended by
Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015	126, 2015	10 Sept 2015	Sch 1 (item 486): 5 Mar 2016 (s 2(1) item 2)	--
Acts and Instruments (Framework Reform) (Consequential Provisions) Act 2015	126, 2015	10 Sept 2015	Sch 1 (item 495): 5 Mar 2015 (s 2(1) item 2)	--
Norfolk Island Legislation Amendment Act 2015	59, 2015	26 May 2015	Sch 2 (item 102): 1 July 2016 (s 2(1) item 5) Sch 2 (items 356-396): 18 June 2015 (s 2(1) item 6)	Sch 2 (items 356-396)
as amended by
Territories Legislation Amendment Act 2016	33, 2016	23 Mar 2016	Sch 2: 24 Mar 2016 (s 2(1) item 2)	--
Insolvency Law Reform Act 2016	11, 2016	29 Feb 2016	Sch 2 (items 45-62): 1 Mar 2017 (s 2(1) item 3)	--
Corporations Amendment (Strengthening Protections for Employee Entitlements) Act 2019	44, 2019	5 Apr 2019	Sch 1 (item 32): 6 Apr 2019 (s 2(1) item 1)	--
Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020	6, 2020	17 Feb 2020	Sch 1 (items 81-92): 18 Feb 2020 (s 2(1) item 2)	--
Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020	69, 2020	22 June 2020	Sch 2 (items 1-9): 4 Apr 2021 (s 2(1) item 6)	Sch 2 (item 9)
Treasury Laws Amendment (2020 Measures No. 6) Act 2020	141, 2020	17 Dec 2020	Sch 4 (items 112, 113): 4 Apr 2021 (s 2(1) item 8)	--
Native Title Legislation Amendment Act 2021	6, 2021	16 Feb 2021	Sch 8: 25 Mar 2021 (s 2(1) item 10)	Sch 8 (items 19, 24, 30)
Federal Circuit and Family Court of Australia (Consequential Amendments and Transitional Provisions) Act 2021	13, 2021	1 Mar 2021	Sch 1 (items 241, 273, 274): 1 Mar 2023 (s 2(1) item 4) Sch 2 (items 238-253): 1 Sept 2021 (s 2(1) item 5)	Sch 1 (items 273, 274)
Treasury Laws Amendment (2021 Measures No. 5) Act 2021	127, 2021	7 Dec 2021	Sch 2 (items 5-23): 8 Dec 2021 (s 2(1) item 3)	Sch 2 (item 23)

 

Endnote 4--Amendment history

 

Provision affected	How affected
Chapter 1
Part 1-1
Division 1
s 1-10...............................	am No 38, 2010; No 59, 2015
Chapter 2
Part 2-2
Division 21
s 21-1...............................	am No 69, 2020
Division 22
s 22-1...............................	am No 69, 2020
s 22-5...............................	am No 11, 2016
Division 23
s 23-1...............................	am No 69, 2020
s 23-5...............................	am No 11, 2016
Part 2-5
Division 42
s. 42-10............................	am. No. 38, 2010
Part 2-6
Division 45
s 45-1...............................	am No 11, 2016
Chapter 3
Part 3-2
Division 57
s 57-5...............................	am No 38, 2010; No 6, 2021
Division 63
s 63-1...............................	am No 6, 2021
Division 66
s 66-1...............................	am No 6, 2021
Division 69
Note to s. 69-20................	rs. No. 180, 2012
Part 3-4
Division 85
s. 85-5..............................	am. No. 127, 2011
Division 88
Note to s. 88-1(2).............	rs. No. 180, 2012
Part 3-7
Division 112
Note 2 to s. 112-5.............	rs. No. 180, 2012
Part 3-8
Division 120
s 120-1.............................	am No 127, 2021
Chapter 4
Part 4-2
Division 135
s 135-1.............................	am No 6, 2021
Division 138
s. 138-1............................	am. No. 38, 2010
Division 141
Subdivision 141-A
s 141-1.............................	am No 6, 2021
Subdivision 141-C
s 141-25...........................	am No 6, 2021
Division 144
s 144-10...........................	am No 6, 2021
Division 150
Subdivision 150-C
s 150-15...........................	am No 6, 2021
s 150-20...........................	am No 38, 2010; No 6, 2021
s 150-22...........................	ad No 6, 2021
s. 150-35..........................	am. No. 38, 2010
Part 4-5
Division 180
Note 2 to s. 180-35...........	rs. No. 180, 2012
Part 4-6
Division 187
s 187-5.............................	am No 6, 2021
s 187-15...........................	am No 6, 2021
Chapter 5
Part 5-2
Division 201
Subdivision 201-B
s. 201-25..........................	am. No. 38, 2010
Part 5-4
Division 220
s. 220-10..........................	am. No. 38, 2010
Chapter 6
Part 6-4
Division 262
s. 262-1............................	am. No. 38, 2010
Division 265
s. 265-40..........................	rs. No. 180, 2012
Part 6-5
Division 279
s 279-1.............................	am No 38, 2010
s 279-35	am No 44, 2019
Part 6-6
Division 293
s. 293-1............................	am. No. 144, 2008
Part 6-7
Division 304
s 304-5.............................	am No 180, 2012; No 69, 2020
Part 6-7A
Part 6-7A..........................	ad No 69, 2020
s 308-1.............................	ad No 69, 2020
s 308-5.............................	ad No 69, 2020
	am No 141, 2020
s 308-10...........................	ad No 69, 2020
s 308-15...........................	ad No 69, 2020
s 308-20...........................	ad No 69, 2020
s 308-25...........................	ad No 69, 2020
s 308-30...........................	ad No 69, 2020
s 308-35...........................	ad No 69, 2020
s 308-40...........................	ad No 69, 2020
s 308-45...........................	ad No 69, 2020
Chapter 7
Part 7-3
Division 330
Note to s. 330-10(1).........	rs. No. 180, 2012
Division 333
s. 333-5............................	am. No. 38, 2010
Division 348
Note to s. 348-1(1)...........	rs. No. 180, 2012
Chapter 8
Division 386
s 386-1.............................	am No 180, 2012; No 6, 2020
	ed C17
	am No 69, 2020
s. 386-10..........................	am. No. 180, 2012
s 386-60...........................	am No 127, 2021
Chapter 9
Part 9-2
Division 407
s. 407-15..........................	am. No. 8, 2010
Chapter 9
Part 9-3
Division 421
421-1................................	am No 11, 2016; No 127, 2021
Chapter 10
Part 10-3
Division 453
s. 453-10..........................	am. No. 131, 2009
Division 456
Subdivision 456-A
s. 456-10..........................	am. No. 38, 2010
Chapter 11
Part 11-1
Division 482
s 482-1.............................	am No 6, 2020; No 127, 2021
Part 11-2
Division 487
s 487-1.............................	am No 127, 2021
s 487-5.............................	am No 6, 2021
Division 496
s 496-10...........................	am No 127, 2021
s 496-15...........................	am No 127, 2021
s 496-20...........................	am No 4, 2010
Division 511
s. 511-1............................	am. No. 131, 2009
Part 11-4
Division 521
s 521-1.............................	am No 11, 2016
Part 11-4A
Part 11-4A........................	ad No 127, 2021
Division 522
s 522-1.............................	ad No 127, 2021
s 522-2.............................	ad No 127, 2021
s 522-3.............................	ad No 127, 2021
s 522-4.............................	ad No 127, 2021
Part 11-5
Division 526
s 526-35...........................	am No 11, 2016
Part 11-6
Part 11-6 heading..............	am No 6, 2020
Division 531
Division 531 heading........	am No 6, 2020
s 531-1.............................	am No 6, 2020
s 531-5.............................	am No 6, 2020
Chapter 12
Part 12-2
Division 546
s. 546-5............................	am. No. 38, 2010
s 546-10...........................	am No 11, 2016
s 546-20...........................	am No 11, 2016
Pt 12-3
Div 551
s 551-20...........................	am No 62, 2014
Chapter 14
Part 14-1
Division 576
s 576-10...........................	am No 127, 2021
Part 14-2
Division 581
s 581-30...........................	ad No 6, 2021
Part 14-3
Division 586
Subdivision 586-B
s 586-10...........................	am No 13, 2021
s 586-15...........................	am No 13, 2021
s 586-25...........................	am No 13, 2021
Subdivision 586-C
s 586-40...........................	am No 13, 2021
s 586-65...........................	am No 13, 2021
Subdivision 586-D
s 586-90...........................	am No 13, 2021
Division 589
s. 589-5............................	am. No. 38, 2010
Chapter 15
Part 15-2
Division 604
s. 604-20..........................	am. No. 38, 2010
s 604-25...........................	am No 62, 2014
Chapter 16
Part 16-4
Division 663
s. 663-25..........................	am. No. 46, 2011
Note to s. 663-25(1).........	ad. No. 46, 2011
Note to s. 663-25(2).........	ad. No. 46, 2011
Chapter 17
Part 17-1
Division 683
s 683-1.............................	am No 127, 2021
Part 17-2
Division 694
s 694-35...........................	am No 6, 2021; No 13, 2021
s. 694-110........................	am. No. 46, 2011
s. 694-115........................	ad. No. 144, 2008
s 694-120.........................	ad No 69, 2020
Part 17-3
Division 700
s 700-1.............................	am No 144, 2008; No 24, 2011; No 46, 2011; No 127, 2011; No 31, 2014; No 11, 2016; No 6, 2020; No 69, 2020; No 13, 2021; No 127, 2021