Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 3
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BASIC FEATURES OF AN ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATION
PART 3-2
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RULES DEALING WITH THE INTERNAL GOVERNANCE OF CORPORATIONS
Division 72
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Other matters concerning constitutions etc.
SECTION 72-10
CONSTITUTION MAY LIMIT POWERS
72-10(1)
An Aboriginal and Torres Strait Islander corporation ' s constitution may contain an express restriction on, or a prohibition of, the corporation ' s exercise of any of its powers. The exercise of a power by the corporation is not invalid merely because it is contrary to an express restriction or prohibition in the corporation ' s constitution.
72-10(2)
An act of the corporation is not invalid merely because it is contrary to or beyond the objects set out in the corporation ' s constitution.
An Aboriginal and Torres Strait Islander corporation ' s constitution may contain an express restriction on, or a prohibition of, the corporation ' s exercise of any of its powers. The exercise of a power by the corporation is not invalid merely because it is contrary to an express restriction or prohibition in the corporation ' s constitution.
72-10(2)
An act of the corporation is not invalid merely because it is contrary to or beyond the objects set out in the corporation ' s constitution.
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