Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 11 - EXTERNAL ADMINISTRATION  

PART 11-7 - EMPLOYEES ' ENTITLEMENTS  

Division 536 - Employees ' entitlements  

SECTION 536-1   APPLYING CORPORATIONS ACT EMPLOYEES ' ENTITLEMENTS PROVISIONS TO ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS  

536-1(1)    
The Corporations Act employees ' entitlements provisions apply to an Aboriginal and Torres Strait Islander corporation as if the following substitutions were made:

Substitutions to be made
Item	For a reference to …	substitute a reference to …
1	a company	an Aboriginal and Torres Strait Islander corporation
2	civil penalty order	civil penalty order (within the meaning of this Act)

Note:

Although section 526-35 applies the provisions of Part 5.8A to the winding up of an Aboriginal and Torres Strait Islander corporation, the employees ' entitlements provisions are capable of applying independently of there being a winding up. This section ensures, for example, that a person will commit an offence (under the applied section 596AB ) if the person enters into an agreement to defeat the entitlements of employees of an Aboriginal and Torres Strait Islander corporation (regardless of whether winding up proceedings are ever commenced).

536-1(2)    
This section has effect without limiting section 526-35 .

536-1(3)    
In this Act:

Corporations Act employees ' entitlements provisions
means:

(a) Part 5.8A of the Corporations Act; and

(b) the other provisions of that Act (including Parts 1.2 and 9.4 and Schedule 3 , but not including Parts 1.1 , 1.1A and 9.4A ) to the extent to which they relate to the operation of the Part referred to in paragraph (a); and

(c) the regulations made under that Act for the purposes of Part 5.8A of that Act and the provisions referred to in paragraph (b).