Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 2 - ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS  

PART 2-3 - DECISIONS ON APPLICATIONS  

Division 29 - What are the basic requirements for registration?  

SECTION 29-5  

29-5   INDIGENEITY REQUIREMENT  
An Aboriginal and Torres Strait Islander corporation meets the Indigeneity requirement if the corporation has the following required number or percentage of its members who are Aboriginal and Torres Strait Islander persons:

(a)    if the corporation has 5 or more members - at least the percentage of members prescribed in the regulations for the purposes of this section;

(b)    if the corporation has fewer than 5 members but more than one member - all of the members, or all but one of the members;

(c)    if the corporation has only one member - that member.

Note: