Corporations Amendment (Aboriginal and Torres Strait Islander Corporations) Act 2006 (126 of 2006)
Schedule 1 Amendments of the Corporations Act 2001 relating to Aboriginal and Torres Strait Islander corporations
Corporations Act 2001
23 At the end of Part 2D.6
Add:
206HB Part does not apply to Aboriginal and Torres Strait Islander corporations
This Part does not apply, of its own force, to disqualify a person from managing a corporation that is an Aboriginal and Torres Strait Islander corporation.
Note 1: Subsection 279-5(5) of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 provides that a person who is disqualified from managing corporations under this Part will be automatically disqualified under Part 6-5 of that Act from managing Aboriginal and Torres Strait Islander corporations.
Note 2: Similarly, subsection 206B(5) of this Act provides that a person who is disqualified from managing Aboriginal and Torres Strait Islander corporations under Part 6-5 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 will be automatically disqualified under this Part from managing corporations.