Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 7 - RECORD KEEPING, REPORTING REQUIREMENTS AND BOOKS  

PART 7-2 - RECORD KEEPING REQUIREMENTS  

Division 322 - Record keeping requirements  

SECTION 322-1   WHAT THIS PART IS ABOUT  

This Part sets out:

  • • the records that an Aboriginal and Torres Strait Islander corporation is required to keep (under Part 4-5 the corporation is also required to keep a register of members and a register of former members); and
  • • how the records are required to be kept.

    • It also deals with directors ' access to the records (see section 322-25 ). Other persons ' access to records is dealt with in the following provisions:

  • • a member may apply to the Court for an order to inspect the records (see section 175-1 );
  • • the auditor has a right of access to the records (see section 339-85 );
  • • a controller of an Aboriginal and Torres Strait Islander corporation ' s property (for example, a receiver or receiver and manager) has a right of access to the records (see section 431 of the Corporations Act (as applied by section 516-1 of this Act ));
  • • the Registrar has certain powers in relation to the records under Chapter 10 .

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