Summary

Amends the

to: make a number of changes in relation to corporations recognised under the Act (CATSI corporations) regarding: classification of CATSI corporations; the making of constitutions; review of financial reports; subsidiaries and other entities; meeting and reporting obligations; members and membership; key management personnel; related party transactions; special administration; voluntary deregistration; investigation and enforcement; publication of notices; independent directors; qualified privilege for auditors; resolutions; unanimous requests for special administration; insolvency; and conflicting duties under state or territory legislation; and make minor technical amendments.