Document ID: chunk:federal_register_of_legislation:C2006A00126:clause:1_206hb
Version: federal_register_of_legislation:C2006A00126
Segment Type: clause
Provision Reference: sch 1 cl 206HB
Character Range: 9249–10125

206HB  Part does not apply to Aboriginal and Torres Strait Islander corporations

  This Part does not apply, of its own force, to disqualify a person from managing a corporation that is an Aboriginal and Torres Strait Islander corporation.

Note 1: Subsection 279‑5(5) of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 provides that a person who is disqualified from managing corporations under this Part will be automatically disqualified under Part 6‑5 of that Act from managing Aboriginal and Torres Strait Islander corporations.

Note 2: Similarly, subsection 206B(5) of this Act provides that a person who is disqualified from managing Aboriginal and Torres Strait Islander corporations under Part 6‑5 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006 will be automatically disqualified under this Part from managing corporations.