The Registrar of Indigenous Corporations, Anthony Beven, has welcomed the establishment of a new Aboriginal corporation to benefit the Aboriginal people of the Carnarvon region in Western Australia.
The new corporation, Carnarvon Trustee Aboriginal Corporation (CTAC), was incorporated on 31 March 2011 and will hold its first board meeting today. Mr Beven will attend the board meeting.
CTAC was created from the amalgamation of six Aboriginal corporations that had ceased trading. The six corporations were:
- Yamatji Wirriya Aboriginal Corporation
- Seven Oaks Aboriginal Corporation
- Kuwinywardu Aboriginal Resource Unit Aboriginal Corporation
- Pelican Resources Aboriginal Corporation
- Carnarvon Aboriginal Corporation
- Yamatji Media Aboriginal Corporation.
CTAC will act as trustee of a charitable trust that has been established to hold and safeguard the assets of the amalgamating corporations. The directors are Ms Kathleen Musulin, Mr Paul Baron and Mr Dudley Maslen—an independent director. The members of each of the six amalgamating corporations automatically became members of CTAC after its incorporation.
A second operating corporation, the Carnarvon Development Aboriginal Corporation has been established to manage CTAC’s assets and funds under a formal arrangement with CTAC.
‘This is a positive development for the Aboriginal people of the Carnarvon region,’ Mr Beven said.
‘All six corporations were defunct and their land holdings and other assets were sitting idle and unprotected. CTAC will now put those assets to work for the long-term benefit of the local people.’
Background
The Registrar appointed Mr Barry Jameson from TNR Financial Services as the special administrator of the six corporations on 17 May 2010. His appointment was made after the directors of the corporations requested assistance from the Registrar.
11 May 2011
Media contact
Christa De Jager
(02) 6219 7611
Ref: ORIC MR1011-30