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Corporations (Aboriginal and Torres Strait Islander) Amendment (Strengthening Governance and Transparency) Bill 2018

Type
Government
Portfolio
Indigenous Affairs
Originating house
Senate
Status
Not Proceeding
Parliament no
45

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Summary

Amends the Corporations (Aboriginal and Torres Strait Islander) Act 2006 to: make a number of changes in relation to corporations recognised under the Act (CATSI corporations) regarding: classification of CATSI corporations; the making of constitutions; review of financial reports; subsidiaries and other entities; meeting and reporting obligations; members and membership; key management personnel; related party transactions; special administration; voluntary deregistration; investigation and enforcement; publication of notices; independent directors; qualified privilege for auditors; resolutions; unanimous requests for special administration; insolvency; and conflicting duties under state or territory legislation; and make minor technical amendments.

Progress

Senate
Introduced and read a first time 05 Dec 2018
Second reading moved 05 Dec 2018
Lapsed at end of Parliament 01 Jul 2019

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

No documents at present

Notes

Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changes to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.