Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 4
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MEMBERS AND OBSERVERS
PART 4-2
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MEMBERS
Division 141
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Membership of Aboriginal and Torres Strait Islander corporations
Subdivision 141-B
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Ongoing requirements relating to membership that are imposed on an Aboriginal and Torres Strait Islander corporation
SECTION 141-15
AGE OF MEMBERS REQUIREMENT
141-15(1)
An Aboriginal and Torres Strait Islander corporation must meet the age of members requirement set out in section 29-10 at all times.
141-15(2)
However, the corporation ' s constitution may provide that the members of the corporation must be at least of an age that is older than 15 years.
141-15(3)
An Aboriginal and Torres Strait Islander corporation that does increase the minimum age of members is not in breach of subsection (1) only because some members are younger than that increased minimum age.
An Aboriginal and Torres Strait Islander corporation must meet the age of members requirement set out in section 29-10 at all times.
Note 1:
The requirement is that the members of the corporation be at least 15 years of age.
Note 2:
Section 29-10 also requires the age of members requirement to be met at registration of the corporation.
141-15(2)
However, the corporation ' s constitution may provide that the members of the corporation must be at least of an age that is older than 15 years.
141-15(3)
An Aboriginal and Torres Strait Islander corporation that does increase the minimum age of members is not in breach of subsection (1) only because some members are younger than that increased minimum age.
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