corporations act

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The Corporations Act 2001 (Cth) (the Corporations Act, or CA 2001) is an Act of the Commonwealth of Australia which sets out the laws dealing with business entities in Australia at federal and interstate level. It deals primarily with companies but also with other entities, such as partnerships and managed investment schemes. The Act is the primary basis of Australian corporations law.
The Corporate Law Economic Reform Program Act 2004 simplified the statute, which, at 3,354 pages, dwarfs those of other nations such as Sweden, whose corporations statute is less than 200 pages long.
The Corporations Act is the principal legislation regulating companies in Australia. It regulates matters such as the formation and operation of companies (in conjunction with a constitution that may be adopted by a company), duties of officers, takeovers and fundraising.

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    VIC New Section 17A in Owners Corporations Act - What does it really mean?

    New Section 17A reads: 17A Water on common property (1) Any rainwater or other water that falls, occurs or flows on the common property (otherwise than in a waterway or a bore) is taken to be part of the common property. (2) For the purposes of section 8(4)(c) of the Water...
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    WA Termination clause of contract - Do "Group members" include sole trader/company?

    In a supply/distributor agreement with a manufacturer the following termination clause is included - The distributor represents and warrants that neither it not any of its group members (if any) is insolvent or is deemed or presumed insolvent under any applicable law.... The agreement is...
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    VIC Corporations Act offence

    If an employee obtains a corporate key and without permission nominates himself as the director of a company and removes other director and alters company information , an offence is committed under the Corporations Act but who investigates the offence and charges the employeee?
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    The connection between accounting standards and the Corporations Act - Corporate Law

    Hi Everyone in LAWANSWERS FORUM, I am an Law student, my upcoming Corporate Law Assignment is very difficult and I really need help from Law Experts. The question is: Accounting Standards form a vital part of the regulation and administration of companies in Australia. Discuss the connection...
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    NSW s113 Corporations Act "employee shareholder"

    Under s113 of the Corporations Act, there's a cap on the number of non-employee shareholders to remain a proprietary company. If an employee nominated a family/discretionary trust, self managed super fund or other nominee shareholder to hold the shares, would this be eligible as an "employee...
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    Associated Entities - Corporations Act

    Hello. I am trying to determine whether Company A and Company B are 'associated entities' as per s50AAA of the Corporations Act. Each company owns a business with different ABNs. Both companies have two shareholders with 50% shares each. The shareholders are a husband & wife. The husband is...
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    NSW Changes to Product Disclosure Statement - Help?

    My sister's superannuation provider is charging her fees inconsistent with the current Product Disclosure Statement. Many years ago, when my sister left her then employer, she left her superannuation with the same provider but changed from their corporate to retail product. At that time, the...
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    Remedies for breach of Corporations Act, replaceable rules and constitution?

    I want to ask that what are the remedies for: -Breach of constitution and replaceable rules? Is it only count as a breach of contract? How should we sue? -Violation of a specific section in Corporations Act 2001, for example, what happens when a small proprietary company (who use a...
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    NSW Allocation of Shares in Australian Private Company

    Can the director of a private company issue himself ordinary shares without: a) notifying his other directors b) approval or resolution by the Board We have adopted a standard constitution.
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    VIC Corporations Act: Can an Old Board prevent a New Board from Sitting?

    Hi, I have a general Corporations Act set of questions relating to handovers from Old Boards to New Boards: Say that members of an organisation subject to the Corporations Act vote OUT an old Board (i.e. a "coup" as some call it)... Can this "old Board" prevent the new Board members from...