Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 4
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MEMBERS AND OBSERVERS
PART 4-2
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MEMBERS
Division 153
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Can there be different classes of members?
SECTION 153-1
DIFFERENT CLASSES OF MEMBERS
153-1(1)
An Aboriginal and Torres Strait Islander corporation ' s constitution may provide that the corporation has different classes of members.
153-1(2)
The corporation ' s constitution may provide that different rights may attach to different classes of membership.
An Aboriginal and Torres Strait Islander corporation ' s constitution may provide that the corporation has different classes of members.
153-1(2)
The corporation ' s constitution may provide that different rights may attach to different classes of membership.
Note:
The rule under section 201-115 that, subject to those different rights, each member has 1 vote on a show of hands and, on a poll, 1 vote is a replaceable rule.