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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 57.5

List of internal governance rules

                   The following table sets out the main provisions of this Act that deal with the internal governance of Aboriginal and Torres Strait Islander corporations. The table indicates those rules that operate as replaceable rules and Division 60 tells you how replaceable rules operate.

 

Item

Subject of provision

Provision



1A

Chapter 3--Basic features of an Aboriginal and Torres Strait Islander corporation
Resolution of internal disputes



subsection 66-1(3A)

1B

Resolution of disputes with persons who are or who claim to be common law holders

subsection 66-1(3B)


1C

Chapter 4--Members and observers

Eligibility requirements for membership of registered native title body corporate

 

section 141-25

1

How does a person become a member?

section 144-1

2

Application to corporation

section 144-5

subsection (2) is a replaceable rule

3

Determination of applications for membership

section 144-10

subsection (7) is a replaceable rule

4

Fees for membership and being an observer

section 144- 15

5

Obligation to contribute on winding up

section 147-1

6

Corporation may impose other membership obligations

section 147-5

7

Liability of corporation members

section 147-10

8

Cessation of membership

section 150-1

10

Resignation

section 150-10

subsection (2) is a replaceable rule

11

General

section 150- 15

12

Member of corporation that is not a registered native title body corporate not eligible for membership etc.

section 150-20

this section is a replaceable rule

12A

Member of registered native title body corporate not eligible for membership etc.

section 150-22

13

Member not contactable

section 150-25

14

Member is not an Aboriginal and Torres Strait Islander person

section 150-30

15

Member misbehaves

section 150-35

16

Different classes of members

section 153-1

17

Observers

section 158-5

subsection (2) is a replaceable rule

18

What protections apply to variations or cancellations of class rights?

Division 172

19

Corporation or directors may allow member to inspect books

section 175- 15

this section is a replaceable rule


20

Chapter 5--Meetings

Director may call meetings


section 201-1

this section is a replaceable rule

21

Request by members for directors to call general meetings

section 201-5

22

When must directors comply with members' request?

section 201-10

23

When must a requested meeting be held?

section 201- 15

24

Amount of notice for general meeting

section 201-20

25

Notice of general meeting to members, officers and observers

section 201-25

subsections (2), (5) and (6) are replaceable rules

26

Auditor entitled to notice and other communications

section 201-30

27

Contents of notice of general meeting

section 201-35

28

Members' resolutions

section 201-40

29

Notice of members' resolutions

section 201-45

30

Members' statements to be distributed

section 201-50

31

Purpose

section 201-55

32

Time and place for general meeting

section 201-60

33

Technology

section 201- 65

34

Quorum

section 201-70

subsections (1), (2), (5) and (6) are replaceable rules

35

Chairing general meeting

section 201-75

this section is a replaceable rule

36

Auditor's right to be heard at general meetings

section 201-80

37

Adjourned meetings

section 201-85

subsection (2) is a replaceable rule

38

Who may appoint a proxy

section 201-90

this section is a replaceable rule

39

Rights of proxies

section 201-95

40

Appointing a proxy

section 201-100

41

Proxy documents

section 201-105

42

Body corporate representative

section 201- 110

43

How many votes a member has

section 201- 115

this section is a replaceable rule

44

Objections to right to vote

section 201- 120

this section is a replaceable rule

45

How voting is carried out

section 201- 125

this section is a replaceable rule

46

Matters on which a poll may be demanded

section 201- 130

47

When a poll is effectively demanded

section 201- 135

48

When and how polls must be taken

section 201-140

this section is a replaceable rule

49

Corporation must hold first general meeting within 3 months of registration

section 201-145

50

Corporation must hold AGM

section 201-150

51

Extension of time for holding AGM

section 201-155

52

Business of AGM

section 201-160

53

Questions and comments by members on corporation management at AGM

section 201- 165

54

Questions by members of auditors at AGM

section 201-170

55

Circulating resolutions

section 204-1

56

Resolutions of 1 member corporations

section 204-5

57

Constitution to provide for meetings

section 212-1

58

Calling directors' meetings

section 212-5

this section is a replaceable rule

59

Use of technology

section 212-10

60

Chairing directors' meetings

section 212- 15

this section is a replaceable rule

61

Quorum at directors' meetings

section 212-20

62

Passing of directors' resolutions

section 212-25

this section is a replaceable rule

63

Circulating resolutions of corporation with more than 1 director

section 215-1

this section is a replaceable rule

64

Resolutions and declarations of 1 director corporation

section 215-5

65

Minutes

section 220-5

66

Members' access to minutes

section 220-10


67

Chapter 6--Officers

Minimum number of directors


section 243-1

68

Maximum number of directors

section 243-5

69

Eligibility for appointment as a director

section 246-1

70

Majority of director requirements

section 246-5

71

Consent to act as director

section 246-10

72

Corporation may appoint a director

section 246- 15

this section is a replaceable rule

73

Directors may appoint other directors to make up a quorum

section 246-20

this section is a replaceable rule

74

Term of appointment

section 246-25

subsections (1) and (3) are replaceable rules

75

Alternate directors

section 246-30

this section is a replaceable rule

76

How does a person cease to be a director?

section 249-1

77

Director may resign

section 249-5

subsection (2) is a replaceable rule

78

Removal by members

section 249-10

79

Removal by other directors

section 249- 15

80

Remuneration

section 252-1

81

How a secretary or contact person is appointed

section 257-20

82

Terms and conditions of office for secretaries

section 257-45

this section is a replaceable rule

 

83

Terms and conditions of contact person's appointment

section 257-50

this section is a replaceable rule

84

Duties in relation to disclosure of, and voting on matters involving, material personal interests

Division 268

85

Powers of directors

section 274-1

this section is a replaceable rule

86

Negotiable instruments

section 274-5

this section is a replaceable rule

87

Delegation

section 274-10

88

Right of access to corporation books

section 274- 15

89

Member approval needed for related party benefit

Part 6-6



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