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

5   At the end of section 197

Add:

(5) This section does not apply to a corporation that is an Aboriginal and Torres Strait Islander corporation.

Note: Section 271-1 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 deals with the liability of directors of Aboriginal and Torres Strait Islander corporations for debts and other liabilities incurred by those corporations as trustee.