Nauiyu Nambiyu Incorporated (NN Inc) has today transferred its incorporation from the Northern Territory Associations Act 2003 to the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act). Under its new registration the organisation is now called Nauiyu Nambiyu Aboriginal Corporation.
Located some 220 kilometres south of Darwin, the organisation has for many years provided essential services to the community of Nauiyu Nambiyu on the banks of the Daly River. Approximately 500 people live in the remote region which has a health clinic, school, store, public library, police station, swimming pool and a renowned art centre.
At a special general meeting held on 18 April 2013 members voted overwhelmingly to transfer to the CATSI Act.
‘We have been thinking about making the move for some time,’ said Aaron McTaggart, one of the corporation’s directors. ‘It’s been a big decision for us but the benefits are clear. We’ve managed to restructure and we value the corporate governance support provided by the Registrar’s office.’
There are several benefits for Aboriginal and Torres Strait Islander corporations transferring to the CATSI Act, including:
- modern legislation that incorporates traditional customs and governance
- one-on-one assistance with reporting obligations
- call centre for quick and easy access to advice from the Registrar’s office
- corporate governance training
- access to a pro bono legal panel and free assistance with recruitment and dispute resolution.
‘This transfer is a very positive development,’ said the Registrar of Indigenous Corporations, Anthony Beven. ‘I’m pleased my office can now offer ongoing assistance to this iconic organisation so that it can continue to serve the Nauiyu Nambiyu community long into the future.’
(02) 6146 4743
8 May 2013