Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 3 - BASIC FEATURES OF AN ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATION  

PART 3-6 - ASSUMPTIONS PEOPLE DEALING WITH ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS ARE ENTITLED TO MAKE  

Division 104 - Assumptions people dealing with Aboriginal and Torres Strait Islander corporations are entitled to make  

SECTION 104-5   ASSUMPTIONS THAT CAN BE MADE UNDER SECTION 104-1  
Constitution and replaceable rules complied with

104-5(1)    
A person may assume that the corporation ' s constitution and any provisions of this Act that apply to the corporation as replaceable rules, have been complied with.

Director or corporation secretary

104-5(2)    
A person may assume that anyone who appears, from information provided by the corporation that is available to the public from the Registrar, to be a director or a corporation secretary of the corporation:

(a)    has been duly appointed; and

(b)    has authority to exercise the powers and perform the duties customarily exercised or performed by a director or corporation secretary of a similar Aboriginal and Torres Strait Islander corporation.

Contact person

104-5(3)    
A person may assume that anyone who appears, from information that is available to the public from the Registrar to be the contact person of the corporation, is the contact person.

Officer or agent

104-5(4)    
A person may assume that anyone who is held out by the corporation to be an officer or agent of the corporation:

(a)    has been duly appointed; and

(b)    has authority to exercise the powers and perform the duties customarily exercised or performed by that kind of officer or agent of a similar Aboriginal and Torres Strait Islander corporation.

Proper performance of duties

104-5(5)    
A person may assume that the officers and agents of the corporation properly perform their duties to the corporation.

Document duly executed without seal

104-5(6)    
A person may assume that a document has been duly executed by the corporation if the document appears to have been signed in accordance with subsection 99-5(1) . For the purposes of making the assumption, a person may also assume that anyone who signs the document and states next to his or her signature that he or she is the only director of the corporation is the only director of the corporation.

Document duly executed with seal

104-5(7)    
A person may assume that a document has been duly executed by the corporation if:

(a)    the corporation ' s common seal appears to have been fixed to the document in accordance with subsection 99-5(2) ; and

(b)    the fixing of the common seal appears to have been witnessed in accordance with that subsection.

For the purposes of making the assumption, a person may also assume that anyone who witnesses the fixing of the common seal and states next to his or her signature that he or she is the only director of the corporation is the only director of the corporation.



Officer or agent with authority to warrant that document is genuine or true copy

104-5(8)    
A person may assume that an officer or agent of the corporation who has authority to issue a document or a certified copy of a document on its behalf also has authority to warrant that the document is genuine or is a true copy.

104-5(9)    
Without limiting the generality of this section, the assumptions that may be made under this section apply for the purposes of this section.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.