Court fines for failure to lodge

Eleven Aboriginal and Torres Strait Islander corporations, 10 located in Queensland and one in the ACT, have been convicted and fined for not lodging their annual returns for the 2010–11 financial year.

The prosecutions were brought by the Registrar of Indigenous Corporations, Anthony Beven, as part of an ongoing campaign to maintain high reporting levels among corporations registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act).

Unless exempted, medium and large-size corporations are required to submit a general report, a financial report and an audit report to the Registrar by 31 December each year. Small-size corporations are required to lodge just a general report. Last year 96 per cent of corporations were compliant with their reporting obligations.

While the vast majority of corporations meet their reporting obligations under the CATSI Act a few do not.

‘The vast majority of corporations meet their reporting obligations,’ said Mr Beven. ‘I will continue to pursue the small minority that deny their members, creditors and stakeholders up to date information.’

Annual returns for the 2011–12 financial year are now due.

The convicted corporations are:

 Corporations

 Location

Fines
excluding costs

Inner Island Kulkalgal (Torres Strait Islanders) Corporation (ICN 4010)

Thursday Island

$200

Mount Morgan Aboriginal Corporation (ICN 54)

Palm Island

$3,500

Aboriginal and Torres Strait Islanders Corporation Gold
and Gloves Sports & Recreation Club (ICN 4230)

Mount Isa

$1,500

Bedourie Aboriginal Corporation (ICN 1179)

Mount Isa

$2,000

Burrumburru Aboriginal Corporation (ICN 7292)

Mount Isa

$2,000

Kurtjar Economic Development Aboriginal Corporation
(ICN 7436)

Mount Isa

$2,000

Williejuddara Aboriginal Corporation (ICN 229)

Mount Isa

$2,000

Manbarra Nanggarra Wanggarra Aboriginal Corporation
(ICN 4290)

Townsville

$1,500

Townsville Thuringowa Region Indigenous Men’s Aboriginal Corporation (ICN 4404)

Townsville

$1,500

Wanjahnin Women's Aboriginal Corporation (ICN 4696)

Townsville

$1,500

Capital Development Aboriginal Corporation (ICN 7226)

ACT

$1,000

The matters were prosecuted by the Commonwealth Director of Public Prosecutions.

Media contact
Patricia Gibson
(02) 6146 4743
13 September 2012
ORIC MR1213-07