Corporations should regularly review their rule book to make sure their rules still work for them. What works for your corporation is likely to change over time, especially if your objectives change or operations grow.
You should change your rules if they’re too hard to follow or don’t suit your corporation, and the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) allows for those rules to be replaced or changed.
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:
We maintain a public list of people disqualified by a court or the Registrar. A disqualified person can’t be an officer of a corporation – that means they can’t be on the board or a manager.
The register of disqualified officers shows some information about people who were disqualified, including:
