Document ID: chunk:federal_register_of_legislation:C2024C00492:section:6:p17
Version: federal_register_of_legislation:C2024C00492
Segment Type: section
Provision Reference: s 6 (pt 17/175)
Character Range: 214838–217656

former members are not liable so to contribute.

If application for registration says members are to be liable for debts of the body
 (2) If the application for registration states that people who are members and former members are to be liable to contribute towards the payment of the debts and liabilities of the corporation on a particular basis, the members and former members are liable so to contribute on that basis.

Division 150—How does a person cease to be a member of an Aboriginal and Torres Strait Islander corporation?

Subdivision 150‑A—General

150‑1  Cessation of membership

Ways a membership ceases
 (1) This Division deals with the various ways in which a person ceases to be a member of an Aboriginal and Torres Strait Islander corporation. The various ways are:
 (a) if the person resigns as a member of the corporation (see Subdivision 150‑B); or
 (b) if the person dies; or
 (c) if the person's membership of the corporation is cancelled (see Subdivision 150‑C); or
 (d) if the member is a body corporate and the body corporate ceases to exist.

When a person ceases to be a member
 (2) A person ceases to be a member when the member's name is removed from the register of members as a current member of the corporation.

Subdivision 150‑B—Resignation of membership

150‑10  Resignation

Resignation to be given to corporation
 (1) A member of an Aboriginal and Torres Strait Islander corporation may resign as a member by notice given to the corporation.

Notice to be in writing (replaceable rule—see section 60‑1)
 (2) The notice must be in writing.

Register to be amended within 14 days of resignation
 (3) Within 14 days after receiving the notice, the corporation must remove the member's name from the register of members as a current member of the corporation.
Penalty: 5 penalty units.
 (4) An offence against subsection (3) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.

Subdivision 150‑C—Cancellation of membership

150‑15  General

Eligibility for membership etc.
 (1) Section 150‑20 is a replaceable rule for Aboriginal and Torres Strait Islander corporations other than registered native title bodies corporate that provides a model for the cancellation of membership on the grounds of ineligibility for membership or failure to pay fees.
Note: As a replaceable rule, section 150‑20 can be modified or replaced by an Aboriginal and Torres Strait Islander corporation and replaced in whole or in part by a provision that suits the corporation's particular circumstances (subject to the internal governance rules requirements).
 (1A) Section 150‑22 provides for cancellation of membership of an Aboriginal and Torres Strait Islander corporation that is a registered native title body corporate on the grounds of ineligibility