Corporations (Aboriginal and Torres Strait Islander) Consequential, Transitional and Other Measures Act 2006 (125 of 2006)

Schedule 3   Transitional provisions

Part 2   Bringing transitional corporations across to new system

Division 10   Reporting for financial year ending on 30 June 2007

54   Content of the corporation's report

The report must include the following matters:

(a) a statement, in a form approved by the CATSI Registrar, whether the Governing Committee and the transitional corporation have complied with the obligations imposed by:

(i) the corporation's Rules; and

(ii) the old Act;

during the item 53 period;

(b) a balance sheet setting out the assets and liabilities of the corporation as at 30 June 2007;

(c) an income and expenditure statement giving a true and fair view of the income and expenditure of the corporation for the item 53 period;

(d) a copy of the last list given by the Governing Committee under subsection 58(3) or (4) of the old Act.