On 5 July 2017, the Minister for Indigenous Affairs, Nigel Scullion, announced that ORIC will lead a technical review of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act).
The CATSI Act commenced on 1 July 2007. This is the first time that a comprehensive review of the CATSI Act has been undertaken since it came into effect.
The purpose of the review is to consider technical amendments to strengthen and improve the CATSI Act and align it with recent changes in corporate law and regulation, particularly in the Corporations Act 2001.
The law firm DLA Piper has been engaged to conduct the review.
What's covered in the review
How you can be involved
The public consultation period for the review has now ended and the deadline for submissions has passed. Thank you to everyone who contributed.
You are still welcome to send us a written submission. We would pass it on to the review team led by DLA Piper and where possible it will be considered—but there is no guarantee in relation to such submissions.
Bear in mind that the current review is only the first step regarding any potential amendments to the CATSI Act. There will be further opportunities to provide comments regarding any amendments, if any, that are agreed to by the government. All submissions received regarding the current review will also be considered as part of any future process.