Document ID: chunk:federal_register_of_legislation:C2024C00492:section:6:p49
Version: federal_register_of_legislation:C2024C00492
Segment Type: section
Provision Reference: s 6 (pt 49/175)
Character Range: 294478–297223

201‑145  Corporation must hold first general meeting within 3 months of registration
 (1) An Aboriginal and Torres Strait Islander corporation must hold a general meeting of members within 3 months after the corporation is registered.
Penalty: 10 penalty units.
 (2) An offence against subsection (1) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.

201‑150  Corporation must hold AGM
 (1) An Aboriginal and Torres Strait Islander corporation must hold an AGM within 5 months after the end of its financial year.
Penalty: 10 penalty units.
 (2) An offence against subsection (1) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.
 (3) An AGM is to be held in addition to any other meetings held by an Aboriginal and Torres Strait Islander corporation in the year.
 (4) An Aboriginal and Torres Strait Islander corporation that has only 1 member is not required to hold an AGM under this section.

201‑155  Extension of time for holding AGM
 (1) An Aboriginal and Torres Strait Islander corporation may lodge an application with the Registrar to extend the period within which section 201‑150 requires the corporation to hold an AGM.
 (2) If the corporation applies before the end of the period within which the corporation would otherwise be required to hold an AGM, the Registrar may, by written notice to the corporation, extend the period. The Registrar must specify the period of the extension.
 (3) An Aboriginal and Torres Strait Islander corporation granted an extension under subsection (2) must hold its AGM within the extended period.
Penalty: 10 penalty units.
 (4) The Registrar may impose conditions on the extension and the corporation must comply with those conditions.
Penalty: 10 penalty units.
 (5) An offence against subsection (3) or (4) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.

201‑160  Business of AGM
  The business of an AGM may include any of the following, even if not referred to in the notice of meeting:
 (a) the consideration of the reports that under Chapter 7 are required to be laid before the AGM;
 (b) the election of directors;
 (c) the appointment and remuneration of the auditor (if any).

201‑165  Questions and comments by members on corporation management at AGM
 (1) The chair of an AGM must allow a reasonable opportunity for the members as a whole at the meeting to ask questions about or make comments on the management of the corporation.
Penalty: 5 penalty units.
 (2) An offence against subsection (1) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.

201‑170  Questions by members