Examples of CATSI Act in a sentence
The directors may exercise all the powers of the corporation except any that the CATSI Act or this rule book requires the corporation to exercise in a general meeting.
The winding up of the corporation shall be in accordance with the CATSI Act.
The directors may exercise all the powers of the corporation except any that the CATSI Act or this rule book requires the corporation to exercise in general meeting.
If a corporation wants to give a financial benefit to a director or related party (such as a spouse of a director) it must get the approval of the members by following the procedure in part 6.6 of the CATSI Act.
If, despite the operation of section 246-25(4) of the CATSI Act, the terms of all directors expire so that there are no directors appointed at a particular time, the directors holding office immediately before the expiry will continue to hold office until the members appoint new directors or reappoint the existing directors by resolution at a general meeting.
If a corporation wants to give a financial benefit to a director or other related party (including a spouse, child or parent of a director) it must comply with Part 6.6 of the CATSI Act and, where required, follow the procedure to get the approval of the members.
The Corporation must prepare a Directors' report for each Financial Year in accordance with Division 330 of the CATSI Act and of the Regulations.
This rule sets out the steps which must be taken to try to resolve any disagreement or dispute about how the CATSI Act or the Corporation’s rules apply.
Seeking assistance from the Registrar• If a dispute or any part of a dispute relates to the meaning of any provision of the CATSI Act or the corporation’s rule book, the directors or any party to the dispute may seek an opinion from the Registrar about the correct meaning of the relevant provision.• The Registrar’s opinion will not be binding on the parties to a dispute.• The right to request assistance from the Registrar does not create a right to request a formal mediation.
The directors may exercise all the powers of the corporation except any thatthe CATSI Act or this rule book requires the corporation to exercise in a general meeting.