Commonwealth Consolidated Regulations
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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) REGULATIONS 2017
- made under the Corporations (Aboriginal and Torres Strait Islander) Act 2006
TABLE OF PROVISIONS
PART 1--PRELIMINARY
1. Name
3. Authority
5. Definitions
PART 2--ABORIGINAL--AND TORRES STRAIT ISLANDER CORPORATIONS
6. Registration--Indigeneity requirement
7. Registration--creditor notice requirement
8. Registration as a small, medium or large corporation
9. Counting employees
10. Modification of Corporations Act arrangements and reconstructions provisions
PART 3--BASIC--FEATURES OF ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS
11. Available names
12. Consent required to use certain unacceptable names
PART 4--MEETINGS
13. Rules concerning general meetings
14. Exercise of proxies at general meetings
15. Members' access to minutes of meetings
PART 5--OFFICERS
16. Members may obtain information about directors' remuneration
PART 6--RECORD--KEEPING AND REPORTING
Division 1--General reports
17. Contents of general reports
18. General reports to be lodged with Registrar
Division 2--Financial and other reports
Subdivision A--Large corporations and certain small and medium corporations
19. Application of Subdivision
20. Requirement to prepare reports
21. Financial reports
22. Directors' reports
23. Requirement for financial reports to be prepared in compliance with accounting standards
24. Requirement for financial reports to be audited
Subdivision B--Certain small and medium corporations
25. Application of Subdivision
26. Requirement to prepare reports
27. Financial reports
28. Requirement for certain financial reports to be audited
Division 3--Auditor independence
29. Modification of Corporations Act auditor independence provisions
30. Alternative independence requirements
Division 4--Appointment and removal of auditors
31. Purpose of this Division
32. Nomination
33. Appointment of auditor
34. Consent of auditor required
35. Notice of appointment of auditor
36. Resignation
37. Removal of auditor by resolution at general meeting
38. Auditor ceasing to hold office by reason of unresolved conflict of interest
39. Control by another corporation
40. Effect of winding up
41. Surviving or continuing auditor
Division 5--Lodging reports
42. Modification--time for lodgement of annual reports with Registrar
PART 7--REGISTERS
43. Information or documents to be included in Register of Aboriginal and Torres Strait Islander Corporations
44. Inspection and production of records
45. Exempt documents
PART 8--REGULATION--AND ENFORCEMENT
46. Registrar may call a general meeting (other than an AGM)
47. Authorised officers--identity cards
PART 9--EXTERNAL--ADMINISTRATION
48. Grounds for special administration
49. Modification of Corporations Act special administration provisions
50. Modification of Corporations Act receiver provisions
51. Modification of Corporations Act administration provisions
51A. Modification of Corporations Act restructuring provisions
52. Grounds for Court ordered winding up
53. Modification of Corporations Act winding up provisions
PART 10--ADMINISTRATION
54. Authorised use or disclosure of protected information
PART 11--REGISTRAR--OF ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS
55. Public information functions of the Registrar
55A. Registered native title body corporate functions of the Registrar
PART 12--APPLICATION--, SAVINGS AND TRANSITIONAL PROVISIONS
Division 1--Corporations (Aboriginal and Torres Strait Islander) Regulations 2017
56. Definitions
57. Things done under old regulations
58. Application--fees for members' access to minutes
59. Application--required number of members for directions and requests
60. Savings--information or documents mentioned in the Corporations (Aboriginal and Torres Strait Islander) Consequential, Transitional and Other Measures Act 2006
Division 2--Registered Native Title Bodies Corporate Legislation Amendment Regulations 2021
61. Application of amendments made by the Registered Native Title Bodies Corporate Legislation Amendment Regulations 2021
SCHEDULE 1 Availability of names and consent required
SCHEDULE 2 Information and documents to be included in Register
SCHEDULE 3 Documents exempt from inspection
SCHEDULE 4 Modification of applied Corporations Act provisions
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