Commonwealth Numbered Regulations

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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) REGULATIONS 2017 (F2017L01311) - REG 52

Grounds for Court ordered winding up

                   For the purposes of paragraph 526-5(k) of the Act, the prescribed period is 2 years.

Note:          Under paragraph 526-5(k) of the Act, one of the grounds on which an Aboriginal and Torres Strait Islander corporation may be wound up is that the corporation has failed, for a prescribed period, to lodge any financial or other reports required to be lodged by Part 7-3 of the Act.



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