Some rules listed in the CATSI Act can be chosen or not chosen for your PBC’s rule book. These are exemptible rules. This means that if some rules do not suit a PBC, they can apply to ORIC to remove them from their PBC rule book.
Exemptible rules
Policy statement on exemptions
In this policy statement, the Registrar of Aboriginal and Torres Strait Islander Corporations (the Registrar) provides guidance on when an exemption will be granted and the circumstances in which the Registrar may grant.
Differences between the CATSI Act and the Corporations Act
ORIC fact sheet about differences between the CATSI Act and the Corporations Act.