New section 64 (2) (fa)
insert
(fa) is disqualified from managing a corporation or an Aboriginal and Torres Strait Islander corporation under—
(i) any of the following provisions of the Corporations Act
:
(A) section 206B (1) (a) and (b) (Convictions);
(B) section 206B (3) and (4) (Bankruptcy or personal insolvency agreement);
(C) section 206E (Court power of disqualification—repeated contraventions of Act); or
(ii) any of the following provisions of the Corporations (Aboriginal and Torres Strait Islander) Act 2006
(Cwlth):
(A) section 279- 5 (1) (a) and (b) (Convictions);
(B) section 279- 5 (3) and (4) (Bankruptcy or personal insolvency agreement);
(C) section 279-
25 (Court power of disqualification—repeated contraventions of Act); or
Part 3 Associations Incorporation Regulation 1991