Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 5 - MEETINGS  

PART 5-5 - EXEMPTION FROM OPERATION OF THIS CHAPTER  

Division 225 - Exemption from operation of this Chapter  

SECTION 225-20   CRITERIA FOR DETERMINATIONS  

225-20(1)    
In making a determination under section 225-5 or 225-15 , the Registrar must be satisfied that the requirements of provisions of this Chapter would:

(a)    be inappropriate in the circumstances; or

(b)    impose unreasonable burdens.

Unreasonable burden

225-20(2)    
In deciding for the purposes of subsection (1) if the provisions impose an unreasonable burden on the corporation or corporations, the Registrar is to have regard to:

(a)    the expected costs of complying with the obligations; and

(b)    the expected benefits of having the corporation or corporations comply with the obligations; and

(c)    any practical difficulties that the corporation or corporations face in complying effectively with the obligations; and

(d)    any other matters that the Registrar considers relevant.