Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 4 - MEMBERS AND OBSERVERS  

PART 4-2 - MEMBERS  

Division 150 - How does a person cease to be a member of an Aboriginal and Torres Strait Islander corporation?  

Subdivision 150-B - Resignation of membership  

SECTION 150-10   RESIGNATION  
Resignation to be given to corporation

150-10(1)    
A member of an Aboriginal and Torres Strait Islander corporation may resign as a member by notice given to the corporation.

Notice to be in writing (replaceable rule - see section 60-1)

150-10(2)    
The notice must be in writing.

Register to be amended within 14 days of resignation

150-10(3)    
Within 14 days after receiving the notice, the corporation must remove the member ' s name from the register of members as a current member of the corporation.

Penalty: 5 penalty units.

150-10(4)    
An offence against subsection (3) is an offence of strict liability.

Note: