Commonwealth Consolidated Acts

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 201.155

  (1)   An Aboriginal and Torres Strait Islander corporation may lodge an application with the Registrar to extend the period within which section   201 - 150 requires the corporation to hold an AGM.

  (2)   If the corporation applies before the end of the period within which the corporation would otherwise be required to hold an AGM, the Registrar may, by written notice to the corporation, extend the period. The Registrar must specify the period of the extension.

  (3)   An Aboriginal and Torres Strait Islander corporation granted an extension under subsection   (2) must hold its AGM within the extended period.

Penalty:   10 penalty units.

  (4)   The Registrar may impose conditions on the extension and the corporation must comply with those conditions.

Penalty:   10 penalty units.

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

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