Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 2 - ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS  

PART 2-4 - REGISTRATION OF AN ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATION AS A SMALL, MEDIUM OR LARGE CORPORATION  

Division 37 - Registration of an Aboriginal and Torres Strait Islander corporation as a small, medium or large corporation  

SECTION 37-20   COUNTING EMPLOYEES  

37-20(1)    
The regulations may prescribe one or more methods for calculating the number of employees of Aboriginal and Torres Strait Islander corporations.

37-20(2)    
Without limiting subsection (1) , regulations made under that subsection may specify:

(a)    that employees of a class are to be disregarded for the purposes of section 37-10 ; or

(b)    that employees of a class are to be taken into account by treating each employee as representing a specified fraction of an employee.




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