Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsThis Subdivision applies to an Aboriginal and Torres Strait Islander corporation for a financial year if, on 30 June of the financial year:
(a) both of the following apply:
(i) the corporation is registered under the Act as a small corporation;
(ii) the consolidated gross operating income of the corporation and the entities it controls (if any) is more than $100,000 but less than $5,000,000 for the financial year; or
(b) both of the following apply:
(i) the corporation is registered under the Act as a medium corporation;
(ii) the consolidated gross operating income of the corporation and the entities it controls (if any) is less than $5,000,000 for the financial year.