Title Corporations (Aboriginal and Torres Strait Islander) Bill 2006
Database Bills & Legislation
Long Title a Bill for an Act to provide for Aboriginal and Torres Strait Islander corporations, and for related purposes
Date 11-10-2006 12:02 AM
Source House of Reps
Parl No. 41
Bill Number 2005/104
Bill Type Government
Portfolio Immigration and Multicultural and Indigenous Affairs
Reps Bill Code M
Status Act
System Id legislation/bills/r2403_third/0015


Corporations (Aboriginal and Torres Strait Islander) Bill 2006

Part 3‑6—Assumptions people dealing with Aboriginal and Torres Strait Islander corporations are entitled to make

Division 104—Assumptions people dealing with Aboriginal and Torres Strait Islander corporations are entitled to make

104‑1  Entitlement to make assumptions

             (1)  A person is entitled to make the assumptions in section 104‑5 in relation to dealings with an Aboriginal and Torres Strait Islander corporation. The corporation is not entitled to assert in proceedings in relation to the dealings that any of the assumptions are incorrect.

             (2)  A person is entitled to make the assumptions in section 104‑5 in relation to dealings with another person who has, or purports to have, directly or indirectly acquired title to property from an Aboriginal and Torres Strait Islander corporation. The corporation and the other person are not entitled to assert in proceedings in relation to the dealings that any of the assumptions are incorrect.

             (3)  The assumptions may be made even if an officer or agent of the corporation acts fraudulently, or forges a document, in connection with the dealings.

             (4)  A person is not entitled to make an assumption in section 104‑5 if at the time of the dealings the person knew or suspected that the assumption was incorrect.

104‑5  Assumptions that can be made under section 104‑1

Constitution and replaceable rules complied with

             (1)  A person may assume that the corporation’s constitution and any provisions of this Act that apply to the corporation as replaceable rules, have been complied with.

Director or corporation secretary

             (2)  A person may assume that anyone who appears, from information provided by the corporation that is available to the public from the Registrar, to be a director or a corporation secretary of the corporation:

                     (a)  has been duly appointed; and

                     (b)  has authority to exercise the powers and perform the duties customarily exercised or performed by a director or corporation secretary of a similar Aboriginal and Torres Strait Islander corporation.

Contact person

             (3)  A person may assume that anyone who appears, from information that is available to the public from the Registrar to be the contact person of the corporation, is the contact person.

Officer or agent

             (4)  A person may assume that anyone who is held out by the corporation to be an officer or agent of the corporation:

                     (a)  has been duly appointed; and

                     (b)  has authority to exercise the powers and perform the duties customarily exercised or performed by that kind of officer or agent of a similar Aboriginal and Torres Strait Islander corporation.

Proper performance of duties

             (5)  A person may assume that the officers and agents of the corporation properly perform their duties to the corporation.

Document duly executed without seal

             (6)  A person may assume that a document has been duly executed by the corporation if the document appears to have been signed in accordance with subsection 99‑5(1). For the purposes of making the assumption, a person may also assume that anyone who signs the document and states next to his or her signature that he or she is the only director of the corporation is the only director of the corporation.

Document duly executed with seal

             (7)  A person may assume that a document has been duly executed by the corporation if:

                     (a)  the corporation’s common seal appears to have been fixed to the document in accordance with subsection 99‑5(2); and

                     (b)  the fixing of the common seal appears to have been witnessed in accordance with that subsection.

For the purposes of making the assumption, a person may also assume that anyone who witnesses the fixing of the common seal and states next to his or her signature that he or she is the only director of the corporation is the only director of the corporation.

Officer or agent with authority to warrant that document is genuine or true copy

             (8)  A person may assume that an officer or agent of the corporation who has authority to issue a document or a certified copy of a document on its behalf also has authority to warrant that the document is genuine or is a true copy.

             (9)  Without limiting the generality of this section, the assumptions that may be made under this section apply for the purposes of this section.

104‑10  Information available to the public from Registrar does not constitute constructive notice

                   A person is not taken to have information about an Aboriginal and Torres Strait Islander corporation merely because the information is available to the public from the Registrar.