Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 4
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MEMBERS AND OBSERVERS
PART 4-6
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EXEMPTION FROM OPERATION OF CERTAIN PROVISIONS OF THIS CHAPTER
Division 187
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Exemption from operation of certain provisions of this Chapter
SECTION 187-20
CRITERIA FOR DETERMINATIONS
187-20(1)
In making a determination under section 187-5 or 187-15 , the Registrar must be satisfied that the requirements of the relevant exemptible provisions of this Chapter would: (a) be inappropriate in the circumstances; or (b) impose unreasonable burdens.
Unreasonable burden
187-20(2)
In deciding for the purposes of subsection (1) if the relevant exemptible provisions impose an unreasonable burden on the corporation or corporations, the Registrar is to have regard to: (a) the expected costs of complying with the obligations; and (b) the expected benefits of having the corporation or corporations comply with the obligations; and (c) any practical difficulties that the corporation or corporations face in complying effectively with the obligations; and (d) any other matters that the Registrar considers relevant.
In making a determination under section 187-5 or 187-15 , the Registrar must be satisfied that the requirements of the relevant exemptible provisions of this Chapter would: (a) be inappropriate in the circumstances; or (b) impose unreasonable burdens.
Unreasonable burden
187-20(2)
In deciding for the purposes of subsection (1) if the relevant exemptible provisions impose an unreasonable burden on the corporation or corporations, the Registrar is to have regard to: (a) the expected costs of complying with the obligations; and (b) the expected benefits of having the corporation or corporations comply with the obligations; and (c) any practical difficulties that the corporation or corporations face in complying effectively with the obligations; and (d) any other matters that the Registrar considers relevant.