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Page
Records
Director, Member
Corporations must keep a record of all membership applications given to the corporation and a register of current and former members.
Page
Records
As a government entity, we must provide certain information to the public through the Information Publication Scheme (IPS), Freedom of Information (FOI) and the Government’s open data policy.
Page
Records
Secretary
Corporations have ongoing obligations to keep their information updated on the Register of Aboriginal and Torres Strait Islander Corporations.
Page
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.
Page
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.
Page
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.
Page
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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Records
Director
The CATSI Act requires every corporation to prepare one or more reports every year and give them to members as well as lodge them for publishing on the Register of Aboriginal and Torres Strait Islander Corporations. Meeting your reporting obligations is important because it:
Page
Records
All corporations must keep correct and up to date accounts and records. Records help you to gather and maintain evidence about your business activities, like:
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Regulatory action, Deregistration, Records
Director
Avoid penalties by meeting your reporting obligations. Doing correct and timely reporting is positive for your corporation and the sector as a whole. Lodging reports on time shows your corporation takes its accountability and reporting obligations seriously.
News
Records
The Registrar is focusing on the quality of corporation records, particularly those relating to director appointments,…
Publication
Records
Director
CATSI conversations
In this CATSI Conversation we’re looking at record keeping – what it means and why it’s important to members and the…
Page
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:
Page
Records
Creditor/funder, Member, Director
Directors must keep proper corporation accounts and records that correctly record and explain the corporation's transactions and explain the corporation’s financial position and performance.
Page
Records
Director, Creditor/funder
A financial report details a corporation's financial performance and position. It must be prepared in line with the Australian Accounting Standards.
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Records
Director
Corporations must keep a record of directors and notify ORIC of any changes to these records within 28 days of finding out.