Commonwealth Numbered Regulations

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) REGULATIONS 2017 (F2017L01311) - REG 17

                   For the purposes of paragraph 330-5(1)(b) of the Act, the following information is required to be contained in a general report prepared by an Aboriginal and Torres Strait Islander corporation in respect of a financial year:

                     (a)  the consolidated gross operating income of the corporation, and the entities it controls (if any), for the financial year;

                     (b)  the value of the consolidated gross assets of the corporation, and the entities it controls (if any), at the end of the financial year;

                     (c)  the number of employees of the corporation at the end of the financial year, calculated using the method set out in subsection 9(2) (about counting employees);

                     (d)  if the corporation has an ABN--the ABN of the corporation;

                     (e)  whether the corporation is a deductible gift recipient under Division 30 of the Income Tax Assessment Act 1997 ;

                      (f)  for each director of the corporation--whether the director is also an employee of the corporation on 30 June of the financial year;

                     (g)  for each secretary of the corporation--whether the secretary is also an employee of the corporation on 30 June of the financial year;

                     (h)  if the corporation is registered as a small or medium corporation--whether each contact person of the corporation referred to in paragraph 330-5(1)(a)(iv) of the Act is also an employee of the corporation on 30 June of the financial year.