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Topic: Corporations Act 2001


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In the News (Fri 17 Feb 12)

  
  Corporations Act 2001 - Wikipedia, the free encyclopedia (via CobWeb/3.1 planetlab2.netlab.uky.edu)   (Site not responding. Last check: 2007-10-13)
The Corporations Act 2001 (Cth), sometimes referred to just as the Corporations Act (or informally as the 'Corps' Act), is an act of the Commonwealth of Australia that sets out the laws dealing with business entities in Australia at federal and interstate level.
The Commonwealth corporations law was the subject of a successful High Court of Australia challenge in New South Wales v Commonwealth (1990) 169 CLR 482 ('The Corporations Act Case').
Under the Corporations Agreement between the States and the Commonwealth, all changes to the Act must be referred to the Ministerial Council for Corporations (MINCO) for approval.
en.wikipedia.org.cob-web.org:8888 /wiki/Corporations_Act_2001   (403 words)

  
 EDO NSW Fact Sheet 7.6 - Corporations and Environmental Campaigning
In order to respond to the activities of corporations in so far as they impact on the environment, it is useful to understand corporate structure and the nature of key laws governing their conduct.
A corporation shall not, in trade or commerce, engage in conduct that is misleading or deceptive or is likely to mislead or deceive.
If you are aware that a corporation proposes to float, and you believe it should make disclosures relevant to its environmental performance or prospects in the prospectus, then you could write to the company to suggest this.
www.edo.org.au /edonsw/site/factsh/fs07_6.php   (3001 words)

  
 CORPORATIONS ACT 2001 NO. 50, 2001
Corporations legislation does not apply to matters declared by 5G.
Act applies to certain Chapter 8 agreements as if they were 73.
Act applies to certain relevant agreements as if they were 93.
www.austlii.edu.au /au/legis/cth/num_act/ca2001n502001199   (6174 words)

  
 Taxation Administration Act - 106G
Corporations constitute a primary group if they are related corporations within the meaning of the Corporations Act 2001 of the Commonwealth.
For the purpose of assessing whether corporations are related under that Act, they are taken to carry on a business and not to be trustee companies.
Where corporations are related under Section 50 of the Corporations Act 2001 related corporations form a group for the purposes of assessment of pay-roll tax even though a member of the group may not be an employer paying wages.
www.osr.nsw.gov.au /portal/page?_pageid=33,124371&_dad=portal&_schema=OSRPTLT   (212 words)

  
 Appointments under the Corporations Act 2001
Under section 254 of the Income Tax Assessment Act 1936, liquidators, receivers and administrators appointed under Part 5.3A of the Corporations Act 2001 are required to prepare and lodge income tax returns for the period in an income tax year from the date of their appointment.
Liquidators, receivers and administrators appointed under Part 5.3A of the Corporations Act 2001, as trustees for tax purposes, are responsible for accounting for income or profits or gains derived in their capacity as liquidator or receiver or administrator appointed under Part 5.3A of the Corporations Act 2001.
Section 443BA of the Corporations Act 2001 states that the administrator of a company is liable to pay to the Commissioner of Taxation each amount payable under a remittance provision.
www.ato.gov.au /print.asp?doc=/content/62547.htm   (1461 words)

  
 CORPORATIONS (REPEALS, CONSEQUENTIALS AND TRANSITIONALS) ACT 2001 - SECT 4 Definitions   (Site not responding. Last check: 2007-10-13)
"ACT ASIC Law" has the same meaning as ASIC Law of the Capital Territory had in the Corporations Act 1989 immediately before the relevant time.
(ii) corresponds to a provision of the new corporations legislation; and
"new Corporations Regulations" means the old Corporations Regulations that, because of section 1380 of the new Corporations Act, have effect as if they were made under section 1364 of that Act.
austlii.law.uts.edu.au /au/legis/cth/consol_act/ccata2001575/s4.html   (862 words)

  
 Community Care Access Corporations Act, 2001, S.O. 2001, c. 33   (Site not responding. Last check: 2007-10-13)
(1) The board of directors of a community care access corporation shall appoint an Executive Director who shall be the chief executive officer responsible for the management and administration of the corporation, subject to the supervision and direction of the board.  2006, c.
                          i.    the amalgamating corporations are the predecessor employers,
The Minister shall make every annual report of every community care access corporation available to the public and may make available such other information about each corporation as he or she considers to be necessary in the public interest.  2001, c.
www.e-laws.gov.on.ca /DBLaws/Statutes/English/01c33_e.htm   (4767 words)

  
 CORPORATIONS ACT 2001
Corporations legislation does not apply to matters declared by State or Territory law to be an excluded matter 5G.
Effect on appointment of public company auditor of company beginning to be controlled by a corporation 327I.
Bodies corporate may be registered as certain types of companies 601BB.
www.austlii.edu.au /au/legis/cth/consol_act/ca2001172   (7212 words)

  
 Community Care Access Corporations Act, 2001 - S.O. 2001, c. 33 (Bill 130)   (Site not responding. Last check: 2007-10-13)
7.  (1)  Each community care access corporation shall have a board of directors composed of as many members as the Lieutenant Governor in Council appoints, not to exceed such maximum number of members as may be prescribed by regulation.
(3)  The Executive Director is the chief executive officer of the community care access corporation and is responsible for the management and administration of its affairs, subject to the supervision and direction of its board of directors.
Require a corporation listed in the Schedule to give the Minister information, documents or records that are in the custody or under the control of the corporation.
www.e-laws.gov.on.ca /DBLaws/Source/Statutes/English/2001/S01033_e.htm   (3165 words)

  
 Corporations (Repeals, Consequentials and Transitionals) Bill 2001 (Bills Digest 158 2000-01)
To repeal the existing Commonwealth elements of the corporations law national scheme and the former co-operative scheme for corporate regulation.
Chapter 10 of the proposed Corporations Act 2001 and Part 16 of the proposed Australian Securities and Investments Commission Act 2001 (the corporations legislation) contain transitional provisions which have the effect of creating a new right or liability in specified circumstances to replace rights and liabilities that existed under the Corporations Law.
Where the corporations legislation creates a new proceeding, clause 6(2) terminates existing proceedings that relate to the present ACT corporations legislation.
www.aph.gov.au /LIBRARY/pubs/bd/2000-01/01bd158.htm   (1007 words)

  
 Explanations of EPBC Act Amendments
Schedule 2 of the Act makes amendments to the EPBC Act that provide for certain consultation mechanisms with the Director of Indigenous Heritage Protection which come into effect at the same time as this position is established under section 9 of the Aboriginal and Torres Strait Islander Heritage Protection Bill 1989, when enacted.
The amendment to the EPBC Act reflects the enactment of the Corporations Act 2001, (a minor technical change where 'Corporations Law' is amended to 'Corporations Act 2001').
The Act also puts in place savings and transitional arrangements and makes consequential changes to other legislation required by the new scheme introduced by the EPBC Act.
www.deh.gov.au /epbc/about/history/explanation.html   (1397 words)

  
 Corporations (National Guarantee Fund Levies) Amendment Bill 2001 (Bills Digest 27 2001-02)
Section 4 of the Corporations (National Guarantee Fund Levies) Act 2001 imposes levies in relation to transactions involving securities by a person or partnership; participating securities exchanges; and members of an exchange.
The Financial Services Reform Bill 2001 will repeal Chapter 7 of the Corporations Act 2001, which includes provisions governing the NGF (Part 7.1), and replace Part 7.10 with Division 4 of Part 7.5.
Consequently, the amendments proposed by this Bill amend cross-references to relevant NGF provisions in the Corporations Act 2001, as amended by the Financial Services Reform Bill 2001, and insert a new section 5 providing for the amount of the levy.
www.aph.gov.au /Library/pubs/bd/2001-02/02bd027.htm   (873 words)

  
 Anti-discrimination in the boardroom: removal of age restrictions on directors. | Government > Business Regulations ...   (Site not responding. Last check: 2007-10-13)
If corporate action is lawful, presumably there are circumstances in which it is equitable to take that action: the implicit corollary to the rule of Schnell v.
Therefore, while s 201C of the Corporations Act was still in force, constitutional provisions imposing a compulsory retirement age on directors would not have breached the Equal Opportunity Act.
Under the Act, if the complaint is upheld, VCAT may order that the company delete the discriminatory clause from its constitution.
www.allbusiness.com /government/business-regulations/298007-1.html   (795 words)

  
 TD 2002/21 - Income tax: how do the transitional measures in the Corporations Act 2001 ('Corporations Act') impact upon ...
However, paragraph 1431(1)(a) of the Corporations Act provides for a two year transition period, commencing on the 11 March 2002, during which time an entity that holds a dealers licence granted under Part 7.3 of the old Corporations Law does not need to hold a financial services licence under Part 7.6 of the Corporations Act.
It is implicit under the transitional provisions of the Corporations Act that the holder of a dealer's licence will be treated as a financial services licensee for the purposes of that Act.
Therefore, during the transition period an entity that holds a dealers licence under Part 7.3 of the old Corporations Law will be treated as a financial entity for the purposes of Division 820 of the ITAA 1997.
law.ato.gov.au /atolaw/view.htm?docid=TXD/TD200221/NAT/ATO/00001   (380 words)

  
 Macquarie Bank Limited and Australian Securities and Investments Commission [2001] AATA 868
Corporations Act 2001 (“the Act”) as part of a new co-operative scheme for the uniform regulation of companies.
Corporations Law were in identical terms to the newly enacted provisions in the Act.
Acts Interpretation Act 1901 by which a purposive construction is to be preferred.
cclsr.law.unimelb.edu.au /judgments/states/aata/2001/october/2001aata868.html   (5162 words)

  
 Guide to Form 27 - print friendly   (Site not responding. Last check: 2007-10-13)
The Federal Court (Corporations) Rules 2000 apply to proceedings in the Court under the Corporations Act 2001, the ASIC Act 2001 and associated legislation.
Matters commenced under the Corporations Act 2001 or the ASIC Act 2001 will be allocated to a judge's docket at the time of filing in the same way that other matters are currently allocated.
Matters commenced under the Corporations Act 2001 and the ASIC Act 2001 that may be heard by a Registrar pursuant to the delegation referred to above will be listed before a Registrar at 10.15 am on Wednesday of each week.
www.fedcourt.gov.au /how/practicenotices_qld09.html   (259 words)

  
 ACT Council of Social Service   (Site not responding. Last check: 2007-10-13)
The matters listed in the Acts are the minimum required to be dealt with in the rules of incorporated associations.
However, if the rules include a rule that is inconsistent with the Act, or with another rule in force in the Territory, then that rule is of no effect.
the Act includes a series of "replaceable rules", each of which is automatically implied into a company's constitution.
www.actcoss.org.au /oik/infosheets/structureandstrategy/incprocess.html   (713 words)

  
 Corporations (Fees) Bill 2001 (Bills Digest 154 2000-01)
Consequently, the Commonwealth was able to enact provisions in the Corporations Act 1989 which imposed fees as taxes in the ACT.
Clause 6 is based on section 1352 of the Corporations Law and sections 25 and 26 of the Corporations Act 1989.
The other Bills are: Corporations Bill 2001; Australian Securities and Investments Commission Bill 2001; Corporations (Securities Exchanges Levies) Bill 2001; Corporations (Futures Organisations Levies) Bill 2001; Corporations (National Guarantee Fund Levies) Bill 2001 and Corporations (Repeals, Consequentials and Transitionals) Bill 2001.
www.aph.gov.au /library/pubs/bd/2000-01/01bd154.htm   (813 words)

  
 News Corporation Annual Report 2001
The Concise Financial Report has been prepared in accordance with the Corporations Act (2001), Accounting Standard AASB 1039 “Concise Financial Reports” and other mandatory professional reporting requirements.
The financial statements and specific disclosures have been derived from The News Corporation Limited’s Full Financial Report for the financial year.
The Concise Financial Report does not, and cannot be expected to, provide as full an understanding of the financial perfomance, financial position and financing and investing activities of the Company as the Full Financial Report.
www.newscorp.com /report2001/fin_con/notes.html   (448 words)

  
 CORPORATIONS (FINANCIAL SERVICES REFORM AMENDMENTS) ACT 2002
An Act to amend various Acts and Regulations as a consequence of the Commonwealth enacting the
(2) Anything done or omitted to be done by a person or body during the relevant period that would have been valid and lawful had this Act been in operation at the time at which the thing was done or omitted is taken to be, and to have always been, valid and lawful.
(3) The Acts and Regulations specified in the Schedule are amended as specified in the Schedule.
notes.nt.gov.au /dcm/legislat/legislat.nsf/d989974724db65b1482561cf0017cbd2/88338e52794fa0de69256bdb0019d4c6?OpenDocument   (1159 words)

  
 Seabrook, in the matter of the Takeovers Panel and the Corporations Act 2001 (Cth) [2002] FCA 1219
Except in the case of contexts where it is material to distinguish between one of the foregoing trust estates, and its responsible entity or other administratively related corporate body, I have adopted the convenient course of referring generally to “Colonial”, “Mirvac” and “CPA/GAN”, as the case may be, in order to avoid intricacies of expression.
Given that the Mirvac corporate manager has formed the view that the non-cash consideration for acquisition of the Colonial units is acceptable, I would accept Mirvac’s primary submission that units in Mirvac would be issued at an application price in accordance with the scheme of clause 4.4 of the Mirvac Property Trust.
Mirvac’s submission is that the notion carries into the Corporations Act’s definition of “member”, both in relation to a managed investment scheme as well as a company.
cclsr.law.unimelb.edu.au /judgments/states/federal/2002/october/2002fca1219.html   (4375 words)

  
 USDOJ: Office of Legal Counsel: 2001 Opinions
Congress may, consistent with the Establishment Clause, extend the religious exemptions under title VII of the Civil Rights Act of 1964 to faith-based organizations receiving direct payments of federal money under the charitable choice provisions set forth in section 1994A of H.R. 7, the Community Solutions Act of 2001.
So long as the Bureau of Prisons' decision to regulate an inmate's access to the media is reasonably related to the legitimate penological interests articulated in the applicable regulations, the Bureau of Prisons may bar face-to-face interviews or videotaped interviews with an inmate, or place other reasonable conditions and restrictions on such interviews.
The universe of "available obligations" under Title VI of the Water Resources Development Act of 1999 includes obligations of government corporations and government-sponsored entities whose charter statutes provide that their obligations are lawful investments for federal trust funds.
www.usdoj.gov /olc/2001opinions.htm   (1463 words)

  
 UCA Funds Management   (Site not responding. Last check: 2007-10-13)
ASIC — the Australian Securities and Investments Commission, which is the body that administers the Financial Services Reform Act and acts as the consumer protection regulator for financial services.
A board of the Uniting Church in Australia, Synod of Victoria and Tasmania whose task is to weave the Church’s vision for ministry and mission with the resources to support that ministry.
Corporations Act 2001 — National legislation dealing with the regulation of companies and financial products, amongst other things.
www.ucafunds.com.au /glossary.asp   (700 words)

  
 Corporations Act 2001   (Site not responding. Last check: 2007-10-13)
The Corporations Act 2001 gives statutory force to many common law principles mentioned earlier in this Guide.
Resignation of an auditor under the Corporations Act 2001...
Refer to Removal of an Auditor under the Corporations Act 2001 for details.
www.dbsfinman.com /corporations_act_2001.htm   (147 words)

  
 ACT Auditor-General's Office   (Site not responding. Last check: 2007-10-13)
The Auditor-General is responsible for the audit of all ACT public sector agencies.
Rhodium was incorporated as a company under the Corporations Act 2001 (Cwlth) in December 2004, and legislated as a Territory Owned Corporation in January 2005.
The performance audit report considers whether the Department of Education and Training is delivering VET services to meet ACT community and industry needs.
www.audit.act.gov.au   (366 words)

  
 Queensland Courts - Corporation Rules - Forms
Forms approved by the Rules Committee on 24 July 2000 for use under the provisions of the Uniform Civil Procedure Rules, Schedule 1A - proceedings under the Corporations Act 2001 (Cth).
These forms are approved under section 118A of the Supreme Court of Queensland Act 1991 for use under the provisions of Schedule 1A of the Uniform Civil Procedure Rules - proceedings under the Corporations Act 2001 (Cth).
The number and name at the top of each form are not part of the form itself.
www.courts.qld.gov.au /practice/legislation/corporation_forms.htm   (222 words)

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