Bill
Corporations (Aboriginal and Torres Strait Islander) Amendment Bill 2021
lapsed, as at 2022-07-25. Indigenous Australians portfolio.
- Sponsor
- Not recorded
- Portfolio
- Indigenous Australians
Recorded stages
- introduced — 2021-08-25
- second reading — 2021-08-25
- second reading — 2021-09-01
- second reading — 2021-09-02
- second reading — 2021-09-02
- third reading — 2021-09-02
- introduced — 2021-09-02
- second reading — 2021-09-02
- other — 2022-07-25
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2021-08-25.
The bill would update the law governing Aboriginal and Torres Strait Islander corporations.
It would give the Registrar more powers to investigate and enforce compliance, including by accepting enforceable undertakings.
A review of the legislation would be required every seven years.
- Require a legislative review every seven years.
- Broaden the Registrar's investigation and enforcement powers, including by accepting enforceable undertakings.
- Make it easier for corporations to manage membership and give members more privacy for personal information.
- Allow more flexible corporate structure designs.
- Simplify size classification criteria.
- Increase transparency of senior management, including reporting their remuneration to members and the Registrar.
Aboriginal and Torres Strait Islander corporations overseen by the Registrar of the CATSI Act.
Sources
em
em supp
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