Document ID: chunk:federal_register_of_legislation:C2024C00492:section:6:p169
Version: federal_register_of_legislation:C2024C00492
Segment Type: section
Provision Reference: s 6 (pt 169/175)
Character Range: 598451–601395

(ii) a public authority; and
 (b) has been granted to the corporation on conditions.
 (4) Without limiting paragraph (2)(c), the conduct referred to in that paragraph may be conduct of:
 (a) the corporation; or
 (b) an officer of the corporation; or
 (c) a body corporate related to the corporation; or
 (d) an officer of a body corporate related to the corporation.
 (5) If the Registrar:
 (a) gives an Aboriginal and Torres Strait Islander corporation notice under subsection (1); and
 (b) decides not to proceed to determine that the corporation is to be under special administration;
the Registrar must give the corporation notice in writing, as soon as practicable after the decision is made, that the Registrar does not propose to determine that the corporation is to be under special administration.

487‑15  Extension of period of special administration
 (1) The Registrar may extend the period for which an Aboriginal and Torres Strait Islander corporation is to be under special administration.
 (2) An extension under subsection (1) must:
 (a) be made in writing; and
 (b) be made before the period to be extended ends.

487‑20  Registrar may terminate special administration
 (1) The Registrar may determine in writing that an Aboriginal and Torres Strait Islander corporation is to cease to be under special administration on the date specified in the determination.
 (2) A determination under subsection (1) is not a legislative instrument.
 (3) Without limiting subsection (1), the Registrar may determine that the corporation is to cease to be under special administration if the Registrar is satisfied that it is no longer necessary for the corporation to be under special administration.

487‑25  References to corporation under special administration
  If the Registrar determines under subsection 487‑1(1) in relation to an Aboriginal and Torres Strait Islander corporation, the corporation:
 (a) starts being under special administration when the period specified in the determination under subsection 487‑1(1) starts; and
 (b) ceases being under special administration:
 (i) when the period specified in the determination under subsection 487‑1(1), or that period as extended under section 487‑15, ends; or
 (ii) if, before the end of the period referred to in subparagraph (i), a liquidator for the corporation is appointed, or the winding up of the corporation starts, as a result of an application made by the Registrar or the special administrator—when the liquidator is appointed or the winding up starts; or
 (iii) if, before the end of the period referred to in subparagraph (i), the Registrar makes a determination under section 487‑20—on the date specified in the determination under section 487‑20.
Note: Subparagraph (b)(ii)—once the corporation is under special administration only the Registrar or the special administrator can apply for the winding up of the corporation (see subsection 526‑15(3)).

Division