Office of the Registrar of Indigenous Corporations facts for kids
The Office of the Registrar of Indigenous Corporations (ORIC) is an important Australian government office. It helps Indigenous Australian communities manage their businesses and organisations. Think of it like a special helper and rule-keeper for groups set up by Aboriginal and Torres Strait Islander people.
ORIC works with the Registrar of Indigenous Corporations. This person is in charge of making sure these organisations follow a special law called the Corporations (Aboriginal and Torres Strait Islander) Act 2006, often called the "CATSI Act." This law helps these groups run smoothly and fairly.
What ORIC Does
ORIC's main job is to support and guide Indigenous corporations. They help these groups set up and follow the rules. This makes sure the organisations are strong and work well for their communities.
The Registrar's Role
The Registrar of Indigenous Corporations is a government official. They are appointed by the Minister for Indigenous Australians. This person has powers similar to other government bodies that oversee businesses. Their job is to make sure Indigenous corporations follow the CATSI Act.
As of May 2021, the Registrar is Selwyn Button. He helps ensure that Indigenous organisations are managed properly.
Indigenous Corporation Numbers
ORIC also gives out special numbers called Indigenous Corporation Numbers (ICNs). These numbers are like a unique ID for each Indigenous corporation. ORIC keeps a public list of all these numbers. This helps everyone know which organisations are officially registered.
Related Organisations
- Department of Families, Housing, Community Services and Indigenous Affairs