The Registrar of Indigenous Corporations, Anthony Beven, has today appointed a special administrator to support the Laynhapuy Homelands Aboriginal Corporation (Laynhapuy).
The directors of the corporation approached the Registrar and requested the appointment shortly after transferring their registration to the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act) on 12 January 2012.
Mr Gerry Mier of KPMG has been appointed as special administrator.
The corporation provides essential services to almost 1500 Yolngu people in 25 homelands and outstations across north-east Arnhem land.
‘I welcome the registration of Laynhapuy with my office and look forward to working closely with the special administrator and members of the corporation to strengthen the governance of this iconic corporation,’ Mr Beven said.
On 6 December 2011, the Minister for Families, Community Services and Indigenous Affairs, Jenny Macklin MP and the Minister for Indigenous Health, Warren Snowdon MP, announced the release of funds to Laynhapuy to address governance, administration and financial issues.
The Registrar will pay the fees of the special administrator.
Background
Placing a corporation under special administration is a unique power under the CATSI Act. The aim is to help corporations work through difficult circumstances and return stronger corporations back to the control of members as soon as possible. For more information please see ORIC’s fact sheet Special administrations: what members and directors should know available at www.oric.gov.au.
23 January 2012
Media contact
Patricia Gibson Ph: (02) 6146 4743
Ref: ORIC MR1112-18