Director

Customised training

Customised training can help your corporation with an area you’d like to focus on. 

We can tailor training to meet the needs of a group or your whole corporation. 

Workshops can be held all over Australia. The most common locations are:

  • at a corporation office or service
  • in the corporation’s community
  • online.

It can involve a corporation’s:

Certificate IV in Aboriginal and Torres Strait Islander Governance

About the qualification

The BSB41021 Certificate IV in Aboriginal and Torres Strait Islander Governance builds skills and knowledge to be a director in an Aboriginal and Torres Strait Islander corporation. It recognises cultural obligations as well as legal and financial obligations to corporation members and stakeholders. 

The course package consists of 12 units – 7 core units and 5 elective units. Students must pass all 12 units to be awarded the certificate.

Closing a corporation

Even if your corporation has stopped doing anything, it's still registered as a legal entity. This means that you must still meet the legal obligations of a corporation. To be free of these obligations, you will need to finish up any corporation business (wind up) and deregister it.

Directors

The role of an individual director is to be an active member of the board and contribute to the board fulfilling its collective role and responsibilities. 

Even though board's powers and responsibilities are shared, directors cannot simply rely on the opinions of others or go with the flow. Every director is personally held to account for the actions of the whole board.

Meetings

Corporation meetings are essential for communication, accountability and decision-making.

Meetings are the way a corporation operates. A corporation must hold meetings for a range of matters including to agree to their internal governance rules, make key decisions, appoint their board and for the board to report to members each year. 

Corporate governance

Corporations need strong governance to be successful. This means directors run the corporation effectively with the help of management and staff. We provide information and resources so people directors can set up and manage good governance practices.

Definition

Corporate governance is a term for how corporations are run and managed.

Corporations will be in a good position to grow and succeed if they:

Changing your rule book

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.

Annual reporting

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: