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Publication
CATSI conversations
Conflict and disagreement on a board can be good for a corporation, but they also have the potential to lead to complex…
 
Publication
CATSI conversations
It’s important to clearly understand the role of the board as well as know what the differences are between corporate…
Top tips from the conversationDistinguish differences between corporate and cultural authority. Be mindful of understanding rules and obligations under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) while still respecting cultural
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This is an outline of the Registrar’s powers to deal with the property of deregistered corporations under the CATSI Act. 
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We’re here to help members and others in corporations understand the CATSI Act and the corporation’s rule book. We may be able to help with complaints and resolving disputes.Make a complaint to ORICYou might make a complaint to us if:
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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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Having a good recruitment process will ensure you get the right person for your corporation and have the best resources to achieve your aims.
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Your corporation demonstrates accountability through its reporting to stakeholders on corporation performance and position.
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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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Your corporation may have reporting obligations with other regulators and stakeholders such as the examples below.  
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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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For a corporation to be registered under the CATSI Act, the corporation must at all times be owned and controlled by Aboriginal or Torres Strait Islander people. 
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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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All corporations must keep correct and up to date accounts and records. Records help you to gather and maintain evidence about your business activities, like:
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The Registrar has a number of regulatory powers under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) to address issues within corporations. 
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What we ask of youThe Office of the Registrar of Indigenous Corporations (ORIC) must provide a safe environment for its people. Team members are trained and supported to deliver the business of ORIC including complex and sometimes difficult matters.
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The Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) says the Registrar can deregister a corporation in certain circumstances.
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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.