"When the Federal Court makes a determination that native title exists, native title holders are required by the Native Title Act 1993 (Cth) to establish a body corporate to represent them as a group and manage their native title rights and interests. This body is called a 'prescribed body corporate' (PBC). A PBC is a native title corporation that may hold and/or manage native title for the whole group ... a PBC is required to fulfil corporate governance obligations imposed on it by the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth) (CATSI Act). Once the corporation is established by the native title holders, and approved by the court, it is entered onto the National Native Title Register and becomes a registered native title body corporate."--p. 1
Also available in an electronic version via the Internet. Address as of 11 Dec. 2007: http://www.nntt.gov.au/research/files/guide_to_sources.pdf