Why is the CATSI Act so big?
The CATSI Act is bigger than the ACA Act because: it incorporates many provisions from the Corporations Act, rather than just referring to them it contains new rights, such as rights to review decisions and members’ rights, and duties such as those for directors and officers it provides greater flexibility for corporations in constitutional design and gives the Registrar more discretion to allow for flexible administration the language of the Corporations Act has been used in many areas to ensure consistency and to reflect existing case law.