Commonwealth legislation

Aboriginal and Torres Strait Islander Commission (Protection of Assets) Directions 2005

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

These Directions set the rules for how the Aboriginal and Torres Strait Islander Commission (ATSIC) could sell, trade, or give away its property.

Key points:

What it covers: Any assets owned by ATSIC (like equipment, vehicles, or intellectual property) except land — land is dealt with under different laws.
The main rule: ATSIC could only sell, exchange, barter, or otherwise dispose of assets if it first gave the Minister 30 days' written notice of its intention.
Why it matters: It created a cooling-off period that allowed ministerial oversight before the Commission could get rid of valuable property, helping prevent rushed or improper asset sales.

In short, it was a mandatory 'heads up' system — no asset could be sold without the Minister getting a month's warning in writing.

JSON API

Deep dive

Want the full deep dive?

Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.

Current sections

Direct links to the current provisions in Aboriginal and Torres Strait Islander Commission (Protection of Assets) Directions 2005.

Aboriginal and Torres Strait Islander Commission (Protection of Assets) Directions 2005

View image in the official source

Aboriginal and Torres Strait Islander Commission (Protection of Assets) Directions 2005

I, AMANDA ELOISE VANSTONE, Minister for Immigration and Multicultural and Indigenous Affairs, give these Directions to the Aboriginal and Torres Strait Islander Commission under subsection 12(1) of the Aboriginal and Torres Strait Islander Commission Act 1989.

Dated 28 January 2005

AMANDA VANSTONE

Minister for Immigration and Multicultural and Indigenous Affairs

1 Name of Directions

These Directions are the Aboriginal and Torres Strait Islander Commission (Protection of Assets) Directions 2005 .

2 Commencement

These Directions commence when they are given to the Aboriginal and Torres Strait Islander Commission.

3 Definition

In this Direction:

Commission means the Aboriginal and Torres Strait Islander Commission;

Asset means property of any kind excluding interests in land as defined by the Lands Acquisition Act 1989.

4 Commission may dispose of assets

The Commission may sell, exchange, barter, or otherwise dispose of, any of its assets if, and only if, the condition set out in clause 5 is satisfied.

5 Notification of the Minister

The Commission must not sell, exchange, barter or otherwise dispose of any of its assets unless the Commission has given the Minister 30 days notice, in writing, of its intention to do so.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Aboriginal and Torres Strait Islander Commission (Protection of Assets) Directions 2005

Aboriginal and Torres Strait Islander Commission (Protection of Assets) Directions 2005

Dated 28 January 2005

AMANDA VANSTONE

Minister for Immigration and Multicultural and Indigenous Affairs

1 Name of Directions

These Directions are the Aboriginal and Torres Strait Islander Commission (Protection of Assets) Directions 2005 .

2 Commencement

These Directions commence when they are given to the Aboriginal and Torres Strait Islander Commission.

3 Definition

In this Direction:

Commission means the Aboriginal and Torres Strait Islander Commission;

Asset means property of any kind excluding interests in land as defined by the Lands Acquisition Act 1989.

4 Commission may dispose of assets

The Commission may sell, exchange, barter, or otherwise dispose of, any of its assets if, and only if, the condition set out in clause 5 is satisfied.

5 Notification of the Minister

The Commission must not sell, exchange, barter or otherwise dispose of any of its assets unless the Commission has given the Minister 30 days notice, in writing, of its intention to do so.