Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) An Aboriginal and Torres Strait Islander corporation must hold an AGM within 5 months after the end of its financial year.
(2) An offence against subsection (1) is an offence of strict liability.
Note: For strict liability , see section 6.1 of the Criminal Code .
(3) An AGM is to be held in addition to any other meetings held by an Aboriginal and Torres Strait Islander corporation in the year.
(4) An Aboriginal and Torres Strait Islander corporation that has only 1 member is not required to hold an AGM under this section.