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 37-5   REGISTRAR MAY ALTER REGISTERED SIZE OF CORPORATION AFTER REGISTRATION  

37-5(1)    
If the Registrar is satisfied that an Aboriginal and Torres Strait Islander corporation that is registered as a small corporation was in fact a medium or large corporation for the most recent financial year, the Registrar may alter the corporation ' s registration so that the corporation is registered as a medium or large corporation.

37-5(2)    
If the Registrar is satisfied that an Aboriginal and Torres Strait Islander corporation that is registered as a medium corporation was in fact a small or large corporation for the most recent financial year, the Registrar may alter the corporation ' s registration so that the corporation is registered as a small or large corporation.

37-5(3)    
If the Registrar is satisfied that an Aboriginal and Torres Strait Islander corporation that is registered as a large corporation was in fact a small or medium corporation for the most recent financial year, the Registrar may alter the corporation ' s registration so that the corporation is registered as a small or medium corporation.

37-5(4)    
An alteration to an Aboriginal and Torres Strait Islander corporation ' s registration made under subsection (1) , (2) or (3) is not a legislative instrument.

37-5(5)    
The Registrar must notify an Aboriginal and Torres Strait Islander corporation in writing of an alteration made under this section.