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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 69.5

Overview--ways a constitution may be changed

Corporation wants to change its constitution

             (1)  For an Aboriginal and Torres Strait Islander corporation to change its constitution, the following steps must be complied with:

                     (a)  the corporation must pass a special resolution effecting the change;

                     (b)  if, under the corporation's constitution, there are further steps that must also be complied with to make a constitutional change--those steps must be complied with (see section 69- 15);

                     (c)  the corporation must lodge certain documents (see section 69-20);

                     (d)  the Registrar must make certain decisions in respect of the constitutional change and, if appropriate, must register the change (see section 69-30).

Note:          The constitutional change takes effect when it is registered (see section 69-40).

Court may change a constitution

             (2)  The court may also change an Aboriginal and Torres Strait Islander corporation's constitution (see section 166-5).

Note:          The constitutional change takes effect as provided for in paragraph 69-40(b).

Registrar may change a constitution

             (3)  The Registrar may also change an Aboriginal and Torres Strait Islander corporation's constitution (see section 69-35).

Note 1:       If the Registrar changes a constitution under section 69-35, the steps in subsection (1) of this section do not apply.

Note 2:       The constitutional change takes effect when it is registered (see section 69-40).

Special administrator may change a constitution

             (4)  A special administrator for an Aboriginal and Torres Strait Islander corporation may also change the corporation's constitution (see section 499-5).

Note 1:       If the special administrator changes a constitution under section 499-5, the steps in paragraphs (1)(a), (b) and (c) of this section do not apply (but the administrator must lodge the change with the Registrar under section 69-25 and the Registrar must take the steps in section 69-30).

Note 2:       The constitutional change takes effect when it is registered (see section 69-40).



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