Catsi act

Registration under the CATSI Act is mostly voluntary. See full list on oric. The CATSI Regulations contain a range of machinery provisions necessary for the effective operation of the CATSI Act , as well as provisions dealing with certain substantive matters not dealt with in the CATSI Act. For example, setting out the detail of corporation reports.

The drafting style, for example section numbering, has changed. ORIC has prepared a table listing key features of the different Commonwealth, state and territory incorporation laws and highlights the benefits of incorporating under the CATSI Act.

This table will help you learn more about which laws might suit your organisation best. The emergence of land rights emphasised the need for an alternative to complex and onerous laws and processes for incorporating, which were unsuited to many Indigenous people, particularly those living in remote ar. PBCs must take certain steps to prepare for incorporation (Setting up a PBC) before registering under the CATSI Act.

Appoint a contact person or company secretary. Once registered as an RNTBC a corporation will need to: 1. Set up a minute book for directors’ meetin. The CATSI Act requires that all corporations have a rule book (PBC Constitutions) that governs how they should be run.

CATSI Act which a corporation can either keep, or replace with different rules that better suit th. The rule book has three parts: 1.

For reporting purposes, the CATSI Act classifies PBCs as large, medium or small according to their size and income (Reporting requirements). In order to reduce the administrat. The special administrator has the powers of an officer of the corporation. Usually when a special administrator is appointed the el. We have already had great success in supporting and developing Indigenous corporations through the CATSI Act.

KB: CATSI Act Introduction Fact Sheet DOCX: 158. You can lodge at online. Review of the CATSI Act.

This review is wide-ranging and will address issues of interest to native title holders and Registered Native Title Bodies Corporates (RNTBCs). The CATSI Act has similarities with the Corporations Act (Cth), which governs the operation of companies in Australia, but has been. Aboriginal and Torres Strait Islander corporations play a critical role in delivering services and supporting economic development in Indigenous communities, particularly in regional and remote Australia. Geographical application of Act 1. Objects of this Act 1. Administered by: Prime Minister and Cabinet.

Incorporated Amendments. CATSI Inspectors will act as a liaison between the owner’s point of contact, the on-site Contractor(s) and the owner’s local operations personnel. Our inspectors will establish and maintain a professional working relationship and an open communication plan with all parties involved in the construction effort.

Act applies regardless of residence, place of formation etc.

REVIEW OF THE CATSI ACT. These reforms will include changes to make Registered Native Title Bodies Corporate (RNTBCs) like AMYAC more transparent to its members, and to make clearer the obligations of these corporations when reviewing membership. The CATSI Act is an important underpinning of many Indigenous organisations and this review will examine how it is working and what more the Government can be doing to. Have Your Say - CATSI Act review. The intention of the CATSI Act is to advance and.

As the number of Registered Native Title Bodies Corporate (RNTBC) continues to grow, the proposed review is a timely opportunity to address some of the outstanding issues surrounding RNTBCs and their obligations under the Native Title Act as well as the need for greater autonomy and self-government in the future. Key Features of the CATSI Act Membership. Generally, ultimate power of a corporation resides in the members in a general meeting – because it.

Related Party Transactions.