NTSCORP

Annual Report

General Information

Your directors present their report on the company for the financial year ended 30 June 2009.

Directors

The names of the directors in office at any time during, or since the end of, the year are:

Member Directors
Michael Bell Chairperson
Jim Wright Deputy Chairperson
Eddie Briggs
Allan Lamb
Norm Newlin
Matilda House
Gina Milgate
Anthony Ashby
Yvonne Stewart (appointed 2 July 2009)
Katie Wyatt (appointed 2 July 2009)
Non-Member Directors
Frank Fischl
Terry Lawler
Leah Armstrong (resigned 22 July 2009)

The directors have been in office since the start of the financial year to the date of this report unless otherwise stated.

As at the date of this financial report the directors have no interests in the company other than, as relevant, their interests as members of the company.

No remuneration payments were made to the directors during the year. The directors only get reimbursed for their associated travelling costs when attending board meetings.


Company Secretary

Warren Mundine Hon. DUniv (Sthn Cross) FAIM MAICD, Chief Executive Officer and Company Secretary

Mr Mundine was appointed company secretary on 26 September 2003 and continues to serve the company in this capacity. He has over 24 years experience on management in the public, private and community sectors and is an advocate for lifting Indigenous people out of poverty and building a strong Indigenous economy.

Mr Mundine is also a fellow of the Australian Institute of Management, the Australian Institute of Company Directors, the Chair of NSW Labor’s Indigenous Policy Committee, Executive member of the National Native Title Council, Executive member of the St. Joseph’s College Indigenous Fund, Board Member of the Southern Cross University Foundation, Board member of NAISDA, Ambassador for the Song Room and a member of the Indigenous Housing Committee of the National Policy Commission. He has also been newly appointed as a councillor of the Macquarie University Council.


Principal activity

The principal activity of NTSCORP Limited (NTSCORP) during the financial year was that of acting as a Native Title Representative Body (NTRB). NTSCORP is not a NTRB, but is funded under Section 203FE of the Commonwealth Native Title Act 1993 (NTA) to carry out the functions of a NTRB in providing professional services to assist Aboriginal people in New South Wales (NSW) and the Australian Capital Territory (ACT) to exercise their legal rights under the Native Title Act 1993.

There have been no significant changes in the nature of NTSCORP’s principal activity during the financial year.

The directors have been in office since the start of the financial year to the date of this report unless otherwise stated.

As at the date of this financial report the directors have no interests in the company other than, as relevant, their interests as members of the company.

No remuneration payments were made to the directors during the year. The directors only get reimbursed for their associated travelling costs when attending board meetings.