Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 6 - OFFICERS  

PART 6-6 - MEMBER APPROVAL NEEDED FOR RELATED PARTY BENEFIT  

Division 290 - Procedure for obtaining member approval  

SECTION 290-15   REGISTRAR MAY COMMENT ON PROPOSED RESOLUTION  

290-15(1)    
Within 14 days after the corporation lodges documents under section 290-5 , the Registrar may give to the corporation written comments on those documents (other than comments about whether the proposed resolution is in the corporation ' s best interests).

290-15(2)    
Comments under subsection (1) are not legislative instruments.

290-15(3)    
The Registrar must keep a copy of the written comments it gives to a corporation under subsection (1) and sections 421-1 and 421-5 apply to the copy as if it were a document lodged with the Registrar.

290-15(4)    
The fact that the Registrar has given particular comments, or has declined to give comments, under subsection (1) does not in any way affect the performance or exercise of any of the Registrar ' s functions and powers.




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