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A financial report details a corporation's financial performance and position. It must be prepared in line with the Australian Accounting Standards.
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Check if starting a corporation is right for youYou might be forming a corporation to hold title to land, to undertake a project or because you have an exciting business venture in mind.
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A corporation’s members make important decisions about how the corporation is run. They decide who its directors are, how it spends its money, and how it manages its operations.
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With a name meaning ‘be well’ in Bundjalung language, Bugalwan Indigenous Corporation calls on culture and traditions to innovate and improve mental health care for First Nations people.
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Position and powersThe Registrar of Aboriginal and Torres Strait Islander Corporations is an independent office holder appointed by the Minister for Indigenous Australians. The Registrar:
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Corporation meetings are essential for communication, accountability and decision-making.
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There are requirements for a group to register and stay registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act).
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Running a corporation is not always easy. Sometimes things go wrong. These processes and procedures can help resolve problems and get the best outcomes for the corporation and the community.
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In two decades, DJAARA, the Dja Dja Wurrung Clans Aboriginal Corporation (DDWCAC) has grown from a small corporation into a multi-million-dollar organisation with multiple enterprises. Good governance has been essential to this growth.
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Two or more Aboriginal and Torres Strait Islander corporations can join together to form a new corporation. This is called ‘amalgamating’.
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There are many reasons to transfer registration to the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act).
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You can apply to have a deregistered corporation reinstated. There are also some circumstances under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) when ORIC or the courts may re-register a corporation.
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Register a new corporation; transfer registration of an existing entity; amalgamate 2 or more corporations; or reinstate registration of a deregistered corporation.
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LawHelp is a referral service that connects Aboriginal and Torres Strait Islander corporations with legal support.Application processTo apply for help through LawHelp:
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An idea to build an inclusive cricket carnival sparked a corporation’s journey to support overall community wellbeing through sport.
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Family and community are always welcome at Yarkuwa Indigenous Knowledge Centre. It’s an open space where visitors drop in to view exhibitions and talk to staff. Staff and community members bring children to play and be involved.
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ORIC has a range of corporate documents that set our regulatory approach and priorities.
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This framework outlines the Registrar's approach to ensuring corporations comply with the Corporations (Aboriginal and Torres Strait Islander) Act 2006.
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A corporation’s income, assets and number of staff in a financial year determine its size. The size of a corporation changes its responsibilities under the CATSI Act. This is so corporations do an amount of administration and reporting that is fair to their abilities.