Document ID: chunk:federal_register_of_legislation:C2024C00492:section:4
Version: federal_register_of_legislation:C2024C00492
Segment Type: section
Provision Reference: s 4
Character Range: 625794–627548

4                         a deed of company arrangement  a deed of corporation arrangement

 (2) The Corporations Act receiver provisions apply to an Aboriginal and Torres Strait Islander corporation:
 (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.
 (2A) Regulations made for the purposes of paragraph (2)(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.
 (3) In this Act:
Corporations Act receiver provisions means:
 (a) Part 5.2 of the Corporations Act; and
 (b) the other provisions of that Act (including Parts 1.2, 5.8, 5.9 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 Part 5.2 of that Act; and
 (c) the regulations made under that Act for the purposes of Part 5.2 of that Act and the provisions referred to in paragraph (b).

Part 11‑4—Administration of an Aboriginal and Torres Strait Islander corporation's affairs with a view to executing a deed of corporation arrangement

Division 521—Administration of an Aboriginal and Torres Strait Islander corporation's affairs with a view to executing a deed of corporation arrangement

521‑1  Applying Corporations Act administration provisions to Aboriginal and Torres Strait Islander corporations
 (1) The Corporations Act administration provisions apply to an Aboriginal and Torres Strait Islander corporation as if the following substitutions were made:

Substitutions to be made
Item                      For a reference to...          substitute a reference to...