The special administration at the Laynhapuy Homelands Aboriginal Corporation that was due to end on 31 August 2012 has been extended for a second time until 31 October 2012.
The Registrar of Indigenous Corporations, Mr Anthony Beven, placed the corporation under special administration on 23 January 2012 and appointed Mr Gerry Mier from the Cairns-based firm of KPMG as the special administrator.
To consolidate major reforms that have been made the special administration has been extended by two months. ‘Extra time will give the special administrator an opportunity to bed down the reforms,’ said Mr Beven.
Mr Mier has recently appointed a new board of directors which will work closely with him until the end of the special administration.
‘I would like to thank the members and the staff of Laynhapuy for the assistance they have provided to the special administrator,’ Mr Beven said. ‘Everyone is working together in a very positive way to implement the reforms.’
For more information about this matter please see the Registrar’s media releases of 23 January 2012 (ORIC MR1112-18) and 2 July 2012 (ORIC MR1213-01).
(02) 6146 4743
Ref: ORIC MR1213-05
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