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Prescribed Bodies Corporate Executive Office
by YMAC
During the reporting period, the PBC Executive Office Unit assisted the establishment of two new PBCs, and continued providing services to a further seven PBCs and one Aboriginal corporation, across the Yamatji and Pilbara regions.
These services include the support for functions as • Continued to assist seven PBCs and one Aboriginal
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required under the NTA and CATSI Act, to ensure each corporation can meet their legal obligations. YMAC also provided support to other Aboriginal corporations who are governed by the CATSI Act and ORIC regulations.
The obligations of PBCs and Aboriginal corporations under the CATSI Act include conducting directors’, annual general and special meetings, maintaining a register of members, keeping accounts and records, and lodging reports with ORIC.
Regular tasks undertaken by the unit include receiving and sending correspondence on behalf of the corporations, Chairperson/s to prepare agendas, and liaising with stakeholders wanting to engage with the corporations. KEY HIGHLIGHTS:
The unit also assists corporations to create policies and procedures, coordinate operational requirements, and undertake governance training to build their capacity to become self-reliant.
• Assisted the establishment of two new PBCs organising and facilitating meetings, working with the
corporation
KEY DELIVERABLES:
Over 49 days throughout the reporting period, the unit:
• Organised and facilitated 38 Board of Directors meetings • Conducted three workshops, that included governance training
Additional meetings coordinated included:
• Seven general meetings • One Common Law Holders’ meeting
YMAC is looking forward to continuing its work with PBCs and other Aboriginal corporations forecasting another busy year with exciting collaborative projects.
Transition Journey – Claim Group to Sustainable Corporation
Claim Group Desired Native Title Determination Goal: Sustainable PBC &/or Aboriginal Corporation
Journey continues…
Journey Milestone
This is an excerpt from YMAC’s transition journey modelling work.