Changes to the CATSI Act
The Office of the Registrar of Indigenous Corporations (ORIC) is proposing reforms to the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act). See a summary of the proposed changes or read more on the ORIC website.
The proposed changes cover the topics of:
- size classifications
- rule books
- prohibited names
- business structures
- meetings and reporting
- transparency of senior executives
- related third parties
- special administrations
- voluntary deregistration
- compliance powers.
Now available is a:
- a three-page summary (PDF 192kb)
- the 24-page discussion paper (PDF 358kb)—including information on making a written submission, and questions for you to consider
- a PDF of the ORIC presentation used to frame the consultation (1.3mb).
Aboriginal and Torres Strait Islander corporations are asked to share their views on the proposed reforms and help identify issues with implementing them.
For more information contact ORIC on 1800 622 431.