Commonwealth Consolidated Acts

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 353.10

             (1)  The Registrar may determine in writing that:

                     (a)  a specified Aboriginal and Torres Strait Islander corporation or a specified class of Aboriginal and Torres Strait Islander corporation; and

                     (b)  the directors of a specified Aboriginal and Torres Strait Islander corporation or of a specified class of Aboriginal and Torres Strait Islander corporation (as the case may be);

are exempted from the provisions of Part 7-2 or 7-3, or of regulations made for the purposes of Part 7-2 or 7-3, that are specified in the Registrar's determination.

Note:          For the criteria for making determinations under this section, see Part 7-5.

             (2)  The determination may:

                     (a)  be expressed to be subject to conditions; and

                     (b)  be indefinite or limited to a specified period.

             (3)  The Registrar may, in writing, revoke, vary or suspend the determination.

             (4)  Notice of the making, revocation, variation or suspension of a determination in relation to a specified class of Aboriginal and Torres Strait Islander corporation, or the directors of a specified class of Aboriginal and Torres Strait Islander corporation, must be published in the Gazette .

             (5)  A determination under subsection (1) in relation to:

                     (a)  a specified class of Aboriginal and Torres Strait Islander corporation; or

                     (b)  the directors of a specified class of Aboriginal and Torres Strait Islander corporation;

is a legislative instrument.

             (6)  A determination under subsection (1) in relation to:

                     (a)  a specified Aboriginal and Torres Strait Islander corporation; or

                     (b)  the directors of a specified Aboriginal and Torres Strait Islander corporation;

is not a legislative instrument.