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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) REGULATIONS 2017 (F2017L01311) - REG 9

Counting employees

             (1)  For the purposes of section 37- 20 of the Act, this section sets out a method for calculating the number of employees of an Aboriginal and Torres Strait Islander corporation.

Note:          The number of employees are calculated for the purposes of paragraphs 37-10(1)(c), (2)(c) and (3)(c) of the Act and paragraph 17(c) of this instrument.

             (2)  The method is:

                     (a)  count each full-time employee of the corporation; and

                     (b)  for each part-time employee of the corporation, work out a fraction that represents the employee's weekly hours of work divided by the weekly hours of work of a full-time employee; and

                     (c)  count the fraction for each part-time employee of the corporation.



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