Office of the Registrar of Indigenous Corporations
Published on Office of the Registrar of Indigenous Corporations (https://www.oric.gov.au)

Home > Run a corporation

Running a corporation [1]

An Indigenous corporation is run by its own rule book [2] and the CATSI Act [3]. The rule book sets out what the corporation is there for, what it is able to do and how it is to be managed.

To run a corporation it's important that members [4] and directors [5]:

  • read and understand their rule book [2]
  • follow their rule book and the CATSI Act
  • understand the corporation's money position and keep proper financial records [6]
  • make sure meetings [7] are run properly and regularly
  • make sure reports [8] are lodged with ORIC each year
  • keep other records up-to-date, especially the register of members
  • keep contact details up-to-date with ORIC
  • put the ICN on all public documents, such as letterhead and cheques.

The Registrar provides a training program [9] to help members and directors of corporations understand their roles, responsibilities and other corporate governance [10]issues.

Remember you can ask the Registrar for information or help if you need it.


Source URL: https://www.oric.gov.au/running-corporation

Links
[1] https://www.oric.gov.au/running-corporation
[2] https://www.oric.gov.au/start-corporation/rule-book
[3] https://www.oric.gov.au/catsi-act/about-catsi-act
[4] http://www.oric.gov.au/run-corporation/members
[5] http://www.oric.gov.au/run-corporation/directors
[6] https://www.oric.gov.au/run-corporation/financial-records
[7] https://www.oric.gov.au/publications/catsi-fact-sheet/meetings
[8] https://www.oric.gov.au/run-corporation/lodging-reports
[9] https://www.oric.gov.au/training/about-our-courses
[10] https://www.oric.gov.au/run-corporation/corporate-governance