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Page
Extensions
Director
The term of appointment is how long a person is appointed to be a director. When their term expires the director must stopA person cannot continue to act as a director once their term has expired. They are not a director.
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Extensions
Director
Information for corporationsThe Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) specifies terms for corporations’ directors.
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Induction
Director
Learn how to run a directors' meeting, including having a quorum, selecting a chairperson, declaring conflicts of interest and what to do after the meeting.
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Induction
Director
Members can appoint independent directors to the board if it is in the rule book. An independent director is a director who is not a member. They usually have special skills or knowledge.
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Conflict of interest
An officer of a corporation is someone who is involved in making decisions that affect the business of the corporation and can greatly affect the corporation’s financial standing.
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Induction
Not all corporations have a chief executive officer (CEO) but if they do, the CEO is the highest-ranking employee in the organisation. They’re sometimes called a general manager or an executive manager. Directors can hire a CEO to manage day-to-day operations. The board remains responsible for the…
Publication
Induction
Director
CATSI conversations
Inducting and onboarding directors is an essential process for all corporations. Governance experts Jess Bulger…
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Conflict of interest, Eligibility
Member, Director, Secretary
When a corporation gives an asset or money to a person or group with a close relationship to the corporation, this is called a giving a related party a financial benefit.
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Conflict of interest
Director
Our relationships – with our family, friends, community and organisations – create obligations or responsibilities to others. We call these ‘interests’. You may have an interest in something:
Publication
Native title, Extensions
CATSI conversations
Conflict and disagreement on a board can be good for a corporation, but they also have the potential to lead to complex…
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Eligibility, Extensions
Contact person, Secretary
A corporation’s income, assets and number of staff in a financial year determine its size. The size of a corporation changes its responsibilities under the CATSI Act. This is so corporations do an amount of administration and reporting that is fair to their abilities.
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Extensions
Corporations can ask for exemptions from requirements about meetings. This includes general meetings, directors’ meetings, minutes of meetings.
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Conflict of interest
Director
Learn about processes for the board to manage a conflict of interest.
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Induction
Having a good recruitment process will ensure you get the right person for your corporation and have the best resources to achieve your aims.
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Extensions
Your corporation demonstrates accountability through its reporting to stakeholders on corporation performance and position.
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Extensions
Director, Member, Secretary
There are certain parts of the CATSI Act that the Registrar can grant exemptions for. An exemption means that a corporation does not have to comply with that part of the Act.Exemptions may: