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These other organisations are linked with the CATSI Act or other Aboriginal and Torres Strait Islander legislation or government activities. They may support your work to benefit your community.
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ORIC can collaborate with you to design and deliver a one-off training workshop or a longer-term support and mentoring plan to assist your board achieve particular learning and development goals or address a specific challenge you're facing.
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Starting a corporation requires a lot of effort and commitment. It’s important to know what's involved and whether it's right for you. If it is, then do your best to set up a good structure from the start.Some things to consider:
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Hear from one of Directors Australia’s board recruitment head-hunting specialist on director recruitment.
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What is this training about?This workshop is designed to equip participants with general knowledge and skills for being a director of an Aboriginal and Torres Strait Islander corporation.
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Your corporation demonstrates accountability through its reporting to stakeholders on corporation performance and position.
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If your corporation is registered under the CATSI Act as a medium or large corporation, you might need an auditor. An auditor helps the corporation stay compliant with its financial duties.Who can be an auditorAn auditor must be a qualified and registered professional who:
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Avoid penalties by meeting your reporting obligations. Doing correct and timely reporting is positive for your corporation and the sector as a whole. Lodging reports on time shows your corporation takes its accountability and reporting obligations seriously.
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An audit report is an independent evaluation of a corporation's financial report.Corporations that need an audit reportYour corporation must lodge an audit report each year if it’s a:
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Your corporation may have reporting obligations with other regulators and stakeholders such as the examples below.
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Your corporation size determines whether you have a contact person or a secretary.Contact personIf your corporation is small or medium-sized it will have a contact person.
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Members of a corporation have certain rights. Knowing what they are puts members in a better position to play an active part in the corporation.
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While there are only 4 rules that corporations must put in their rule book, there are others that it’s a really good idea to include.
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There are certain parts of the CATSI Act that the Registrar can grant exemptions for. An exemption means that a corporation does not have to comply with that part of the Act.Exemptions may:
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RNTBCs must have certain rules about disputes and membership eligibility in their rule books.
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Corporations make decisions to run the organisation and provide services. Sometimes the decision needs a formal process through a resolution. The type of resolution and who can make it depends on the decision.
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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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Some rules in the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) are ‘replaceable’. This is similar to the Corporations Act 2001.
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Doing a governance health check helps ensure your corporation complies with its rule book and the law.
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Corporations need strong governance to be successful. This means directors run the corporation effectively with the help of management and staff. We provide information and resources so people directors can set up and manage good governance practices.