Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 3 - BASIC FEATURES OF AN ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATION  

PART 3-6 - ASSUMPTIONS PEOPLE DEALING WITH ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS ARE ENTITLED TO MAKE  

Division 104 - Assumptions people dealing with Aboriginal and Torres Strait Islander corporations are entitled to make  

SECTION 104-1   ENTITLEMENT TO MAKE ASSUMPTIONS  

104-1(1)    
A person is entitled to make the assumptions in section 104-5 in relation to dealings with an Aboriginal and Torres Strait Islander corporation. The corporation is not entitled to assert in proceedings in relation to the dealings that any of the assumptions are incorrect.

104-1(2)    
A person is entitled to make the assumptions in section 104-5 in relation to dealings with another person who has, or purports to have, directly or indirectly acquired title to property from an Aboriginal and Torres Strait Islander corporation. The corporation and the other person are not entitled to assert in proceedings in relation to the dealings that any of the assumptions are incorrect.

104-1(3)    
The assumptions may be made even if an officer or agent of the corporation acts fraudulently, or forges a document, in connection with the dealings.

104-1(4)    
A person is not entitled to make an assumption in section 104-5 if at the time of the dealings the person knew or suspected that the assumption was incorrect.




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