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 3-3
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MINIMUM NUMBER OF MEMBERS OF ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS
Division 77
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Minimum number of members of Aboriginal and Torres Strait Islander corporations
SECTION 77-10
77-10
REGISTRAR MAY EXEMPT IF APPROPRIATE AND REASONABLE TO DO SO
The Registrar may grant an exemption on a request under subsection 77-5(2) , (3) or (4) and allow a lesser number if the Registrar is satisfied that it is appropriate and reasonable in the circumstances to do so.
The Registrar may grant an exemption on a request under subsection 77-5(2) , (3) or (4) and allow a lesser number if the Registrar is satisfied that it is appropriate and reasonable in the circumstances to do so.
Note:
For example, the Registrar may grant an exemption if the corporation was formed as a result of a court order.
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