corporations act

Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now
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.

View More On Wikipedia.org
  1. R

    NSW Director and Member Records - Corporations Act 2001 or Case Law?

    Can you please help within Corporations Act 2001 (Cth) or Case Law where it states Internal Company Register (Records) of Directors and Members outweighs on what is on record with ASIC. Meaning ASIC only relies on what is given to it back the company?
  2. R

    NSW Is Circular Resolution of Directors Applicable to Body Corporate?

    Circular Resolution of Directors under section 248A of the Corporations Act 2001 (Cth). Is this applicable to the Executive Committee members of a NSW Strata Body Corporate? Thank you
  3. B

    NSW Company Directors Loan from Bank - What to Do under Corporations Act?

    Hi, I have a private company with five company directors. Two of the directors signed a loan document with a bank about 3-4 months earlier against all the assets and business. Now, we are not able to repay the loan. Can the bank charge legal actions against the company and the rest three of the...
  4. J

    Homework Question - Retail or Wholesale Policy under Corporations Act?

    Just a scenario..... is a retail or a wholesale policy under the Corporations Act 2001? Is an employee a body piercer as well? No policy as yet, just would like clarification.
  5. P

    VIC Non-Disparagement Clause in Employment Agreement

    If there is a Mutual Non Disparagement provision in the 'Agreement' between the employer & employee... Can the employer include this wording in an additional clause: "(except in respect of fraud, gross negligence, or breach of any obligations imposed under the Corporations Act 2001 (Cth))"...
  6. S

    NSW Constitution - Public Company Limited By Guarantee - What Does It Mean?

    Last one for the RSL thing. The front of constitution booklet says, "corporations act 2001, a public company limited by guarantee and not having a share capital," does this mean it is a public place?
  7. T

    Corporations Act - Care and Diligence of Company Directors?

    Hi, Just a quick question about the above issue regarding commercial law. What orders can be made against company directors following the contravention of a civil penalty provision in the Corporations Act? Thanks.
  8. R

    Corporations Act - Interpretation of Section 1322(6)?

    Under section 1322(6)(c) of the Corporations Act: Would a third party be included in the definition of "any person"?
  9. T

    Corporations Act - Relief Against Liability for Company Directors?

    Hi How useful is section 1317S of the Corporations Act 2001 (Cth) in providing company directors with relief against liability under Corporations Act and Commercial Law? Thanks.
  10. C

    NSW Corporations Act and Share Offerings

    Hey guys. I have a question regarding the Corporations Act, at least that's what I think it is about. We have a company constitution (which I believe is pretty much the standard one, if there is such a thing) and on the front of the document it also says "Corporations Act" and "A Proprietary...