Agreements and Governance
A new regime commencing on 1 November 2021 will require unique director identification numbers for all current directors, alternate directors, or those intending to become directors of: ORIC-registered Aboriginal corporations, and ASIC-registered corporations, incorporated associations registered to operate outside their home jurisdiction, corporate trustees, or
On 25 August 2021, the Corporations (Aboriginal and Torres Strait Islander) Amendment Bill 2021 was introduced to Parliament following reviews and consultations conducted over five years. The Bill proposes wide-ranging reforms to the law including: the content of rule books, financial and remuneration reporting, audits
After launching their plan, ‘Governance of the Nation: A Blueprint for Growth’, in 2017, the Australian Institute of Company Directors has reviewed progress over the last 12 months. The areas identified in the report (extracted below) were: National governance: modernise systems of government to support
29 November 2017 An options paper has been released for public comment on broad ranging reforms to the Native Title Act 1993 (Cth), which can be viewed here. The options for reform relate to: validating past section 31 native title agreements and changing the requirements concerning applicants