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.