CATSI ACT PDF
The CATSI Act has similarities with the Corporations Act (Cth), which governs the operation of companies in Australia, but has been. Items 45 – 62 Corporations (Aboriginal and Torres Strait Islander) Act Authoritative Version. – CC; In force – Latest Version; View Series. Key issues Technical Review of CATSI Act Brief summary of proposed changes published by ORIC – this does not address any specific.
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You can lodge at online. Act applies regardless of residence, place of formation etc. Complaints involving corporations fact sheet [ pdfkB] Complaints involving corporations post card DL [ pdfkB]. Geographical application of Act It includes guidance on:.
Where aact corporation is experiencing difficulties, the Registrar may intervene to support and restore it to operational order, or restructure it to enable it to better meet its aims, objectives and obligations to its members see Special Administration below.
There is currently one determination that affects the legislation. About our courses Courses schedule —19 Training courses —18 Training courses —17 Training courses —16 Training courses — Contact persons and secretaries [ pdfkB]. What this Part is about The rule book has three parts:. Start a corporation Find out about registration options and what to do to register a corporation. Catsl is a Partner and the head of our leading Resources and Energy practice in Brisbane and is also the leader of our Native Title practice.
CC Table of contents. The level of reporting required ; What records must be kept by PBCs ; Duties of directors and managers ; Member rights ; and the role of the Registrar and special administration. This body then represents the members in accordance with its agreed constitution.
About the CATSI Act
Examples of this are the requirements for the majority of directors and cat majority of members to be Aboriginal and Torres Strait Islander people. PBCs have obligations under the CATSI Act to maintain a register of members; conduct annual general and special meetings; maintain financial accounts and records; and lodge documents with the Registrar.
Ctsi will have increased investigation and compliance powers to address low-level compliance problems, including powers for fines and enforceable undertakings. Related topics Read more about starting a corporation. If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes. Skip to primary navigation Skip to primary content. Complaints involving corporations Published: Body corporate registered as Aboriginal and Torres Strait Islander corporation liability of members on winding up Corporation size is calculated as follows:.
Minute of meetings [ pdfkB]. Contact persons and secretaries Published: Members’ catsu As a member of a corporation you have certain rights.
About the CATSI Act | Office of the Registrar of Indigenous Corporations
Hold an initial general meeting; Agree on proposed constitution rule book ; Conduct an election for first board of directors and office bearers; and Appoint a contact person or company secretary. Including which catei can be replaced by corporations in their rule book.
The Regulations repealed the Corporations Aboriginal and Torres Strait Islander Regulations on 1 Octoberwhich were due to sunset on the same day. Corporation may have common seal The register contains key information including contact information and copies of public documents such as PBC constitutions ORIC website.
Uncommenced amendments The effect of uncommenced amendments is not shown in the text of the compiled law. Registers of members and former members [ pdfkB].
A corporation’s rule book A4 single pages [ pdfkB] A corporation’s rule book A3 spreads [ pdfkB]. Corporate cstsi Who does what Meetings Resolutions and voting Changing rules Financial records Lodging reports Making a complaint Resolving disputes Closing a corporation Regulatory activities Resources Charity registration.
Before making a special administration decision, the Registrar has the discretionary powers to take into account a PBCs particular circumstances, such as its size, whether it is located in a regional or remote area and its core business.
This is a compilation of the Corporations Aboriginal and Torres Strait Islander Act that shows the text of the law as amended and in force on 1 March the compilation date. What this Chapter is about Registrar may grant catdi if application is incomplete etc. Fact sheets A corporation’s rule book: Processes for closing corporations: The fact sheets below are short and provide information on particular topics about the CATSI Act and running corporations.
The Corporations Aboriginal and Torres Strait Islander Act sets out the duties required of directors and other officers. Becoming a corporation member Published: It is proposed that members will be able to provide alternative member contact details, and allow directors to decide to redact member personal information to keep people safe. Incorporation occurs when a group of individual members creates a body that is itself recognised as a person in law. This fact sheet provides an overview of the process for corporations to amalgamate and includes an example letter to creditors and minutes for a general meeting of members.
For example section 1 of the Act states that a corporation must keep an up-to-date register of members. Start a corporation Vatsi out about registration options and what to do to register a corporation.
Minimum number of members requirement This page was authored by: List of internal governance rules Minutes of meetings Published: OR financial report based on reports cats government funders if eligible.