Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 7 - RECORD KEEPING, REPORTING REQUIREMENTS AND BOOKS  

PART 7-4 - REGISTRAR MAY EXEMPT FROM RECORD KEEPING AND REPORTING REQUIREMENTS  

Division 353 - Registrar may exempt from record keeping and reporting requirements  

SECTION 353-10   REGISTRAR ' S POWER TO MAKE DETERMINATIONS  

353-10(1)    
The Registrar may determine in writing that:

(a)    a specified Aboriginal and Torres Strait Islander corporation or a specified class of Aboriginal and Torres Strait Islander corporation; and

(b)    the directors of a specified Aboriginal and Torres Strait Islander corporation or of a specified class of Aboriginal and Torres Strait Islander corporation (as the case may be);

are exempted from the provisions of Part 7-2 or 7-3 , or of regulations made for the purposes of Part 7-2 or 7-3 , that are specified in the Registrar ' s determination.

Note:

For the criteria for making determinations under this section, see Part 7-5 .


353-10(2)    
The determination may:

(a)    be expressed to be subject to conditions; and

(b)    be indefinite or limited to a specified period.

353-10(3)    
The Registrar may, in writing, revoke, vary or suspend the determination.

353-10(4)    
Notice of the making, revocation, variation or suspension of a determination in relation to a specified class of Aboriginal and Torres Strait Islander corporation, or the directors of a specified class of Aboriginal and Torres Strait Islander corporation, must be published in the Gazette .

353-10(5)    
A determination under subsection (1) in relation to:

(a)    a specified class of Aboriginal and Torres Strait Islander corporation; or

(b)    the directors of a specified class of Aboriginal and Torres Strait Islander corporation; is a legislative instrument.

353-10(6)    
A determination under subsection (1) in relation to:

(a)    a specified Aboriginal and Torres Strait Islander corporation; or

(b)    the directors of a specified Aboriginal and Torres Strait Islander corporation; is not a legislative instrument.




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