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Eligibility, Extensions
Contact person, Secretary
A corporation’s income, assets and number of staff in a financial year determine its size. The size of a corporation changes its responsibilities under the CATSI Act.
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Conflict of interest, Eligibility
Member, Director, Secretary
When a corporation gives an asset or money to a person or group with a close relationship to the corporation, this is called a giving a related party a financial benefit.
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Extensions
Director, Member, Secretary
There are certain parts of the CATSI Act that the Registrar can grant exemptions for. An exemption means that a corporation does not have to comply with that part of the Act.Exemptions may: