Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 2 - ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS  

PART 2-5 - EFFECTS OF REGISTRATION  

Division 42 - Effects of registration  

SECTION 42-25   CORPORATION MAY HAVE COMMON SEAL  

42-25(1)    
An Aboriginal and Torres Strait Islander corporation may have a common seal. If an Aboriginal and Torres Strait Islander corporation does have a common seal, the corporation must set out on it the corporation ' s name and ICN.

Note 1:

An Aboriginal and Torres Strait Islander corporation may make contracts and execute documents without using a seal (see sections 99-1 and 99-5 ).

Note 2:

For abbreviations that can be used on a seal, see section 85-10 .

42-25(2)    
An Aboriginal and Torres Strait Islander corporation may have a duplicate common seal. The duplicate must be a copy of the common seal with the words " duplicate seal " added.

42-25(3)    
A person commits an offence if:

(a)    the person uses, or authorises the use of, a seal; and

(b)    the seal purports to be the common seal of an Aboriginal and Torres Strait Islander corporation or a duplicate; and

(c)    the seal does not comply with the requirements set out in subsection (1) or (2) .

Penalty: 10 penalty units.

42-25(4)    
An offence against paragraph (3)(a) is an offence of strict liability.

Note:

For strict liability , see section 6.1 of the Criminal Code .