Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 2 - ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATIONS  

PART 2-5 - EFFECTS OF REGISTRATION  

Division 42 - Effects of registration  

SECTION 42-25   CORPORATION MAY HAVE COMMON SEAL  

42-25(1)    
An Aboriginal and Torres Strait Islander corporation may have a common seal. If an Aboriginal and Torres Strait Islander corporation does have a common seal, the corporation must set out on it the corporation ' s name and ICN.

Note 1:

An Aboriginal and Torres Strait Islander corporation may make contracts and execute documents without using a seal (see sections 99-1 and 99-5 ).

Note 2:

For abbreviations that can be used on a seal, see section 85-10 .

42-25(2)    
An Aboriginal and Torres Strait Islander corporation may have a duplicate common seal. The duplicate must be a copy of the common seal with the words " duplicate seal " added.

42-25(3)    
A person commits an offence if:

(a)    the person uses, or authorises the use of, a seal; and

(b)    the seal purports to be the common seal of an Aboriginal and Torres Strait Islander corporation or a duplicate; and

(c)    the seal does not comply with the requirements set out in subsection (1) or (2) .

Penalty: 10 penalty units.


42-25(4)    
An offence against paragraph (3)(a) is an offence of strict liability.

Note:

For strict liability , see section 6.1 of the Criminal Code .

 

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.