Document ID: chunk:federal_register_of_legislation:C2024C00492:section:3:p3
Version: federal_register_of_legislation:C2024C00492
Segment Type: section
Provision Reference: s 3 (pt 3/7)
Character Range: 636943–639587

the members of the corporation;
 (f) the affairs of the corporation are being conducted in a way that is:
 (i) oppressive; or
 (ii) unfairly prejudicial to, or unfairly discriminatory against, a member or members of the corporation; or
 (iii) contrary to the interests of the members of the corporation as a whole;
 (g) an act or omission, or a proposed act or omission, by or on behalf of the corporation was or would be:
 (i) oppressive; or
 (ii) unfairly prejudicial to, or unfairly discriminatory against, a member or members of the corporation; or
 (iii) contrary to the interests of the members as a whole;
 (h) a resolution, or a proposed resolution, of a class of members of the corporation, was or would be:
 (i) oppressive; or
 (ii) unfairly prejudicial to, or unfairly discriminatory against, a member or members of the corporation; or
 (iii) contrary to the interests of the members of the corporation as a whole;
 (i) the corporation is insolvent;
 (j) the directors of the corporation have failed to comply with a notice that the Registrar has given the directors under section 439‑20;
 (k) the corporation has failed, for a prescribed period, to lodge any financial or other reports required to be lodged by Part 7‑3;
 (l) by reason of the complexity or magnitude of the activities of the corporation, it is inappropriate that it continue to be registered under this Act;
 (m) the Court is satisfied that it is in the interests of:
 (i) the public; or
 (ii) the corporation's members; or
 (iii) the corporation's creditors;
  that the corporation should be wound up;
 (n) the Court is satisfied that it is just and equitable that the corporation be wound up.

526‑10  Acts etc. done to comply with Native Title legislation requirement
 (1) Paragraph 526‑5(e) or (f) does not apply to an officer of an Aboriginal and Torres Strait Islander corporation that is a registered native title body corporate merely because of doing (or refraining from doing) a particular act if the officer does (or refrains from doing) the act:
 (a) in good faith; and
 (b) with the belief that doing (or refraining from doing) the act is necessary to ensure that the corporation complies with a Native Title legislation obligation.
 (2) Paragraph 526‑5(g) does not apply to an act or omission, or a proposed act or omission, by or on behalf of a corporation that is a registered native title body corporate, if the act or omission, or the proposed act or omission, was done:
 (a) in good faith; and
 (b) with the belief that the doing of the act or omission, or the proposed act or omission, is necessary to ensure that the corporation complies with a