Corporations (Aboriginal and Torres Strait Islander) Act 2006
The following provisions of the Corporations Act apply to an Aboriginal and Torres Strait Islander corporation that is under special administration: (a) Division 6 of Part 5.3A (other than section 440A ); (b) Division 7 of Part 5.3A ; (c) Division 8 (other than section 442A ) of Part 5.3A ; (d) Division 9 of Part 5.3A ; (e) the other provisions of that Act (including Parts 1.2 and 9.4 and Schedule 3 but not including Parts 1.1 , 1.1A and 9.4A ) to the extent to which they relate to the operation of the provisions referred to in paragraphs (a) to (d) ; (f) the regulations made under that Act for the purposes of the provisions of that Act referred to in paragraphs (a) to (e) .
499-10(2)
Those provisions apply to an Aboriginal and Torres Strait Islander corporation that is under special administration as if the following substitutions were made:
| Substitutions to be made | ||
| Item | For a reference to … | substitute a reference to … |
| 1 | a company | an Aboriginal and Torres Strait Islander corporation |
| 2 | administrator | special administrator |
| 3 | administration | special administration |
499-10(3)
The provisions of the Corporations Act mentioned in subsection (1) apply to an Aboriginal and Torres Strait Islander corporation that is under special administration: (a) only to the extent to which they are capable of applying to an Aboriginal and Torres Strait Islander corporation; and (b) with the modifications specified in the regulations.
499-10(4)
Regulations made for the purposes of paragraph (3)(b) must not: (a) increase, or have the effect of increasing, the maximum penalty for any offence; or (b) widen, or have the effect of widening, the scope of any offence.
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