Tricks and tips for everyone


What is a corporation under Australian law?

What is a corporation under Australian law?

Corporations in Australia may be either ‘proprietary companies’ or ‘public companies’, and will fall within four key categories: a company limited by shares; a company limited by a guarantee; a company with unlimited liability; and. a no-liability company (used only for mining-related purposes).

How do you reference the Corporations Act?

  1. In Text Citation. Example 1: (Corporations Act 2001 (Cth), s.
  2. Reference List. Corporations Act 2001 (Cth).
  3. In Text Citation. (Land Tax Act 2002, s. 1) OR (Land Tax Act 2002 (WA), s.
  4. Reference List. Land Tax Act 2002 (WA).

Does the Corporations Act apply to government?

In NSW, the State Owned Corporations Act 1989 has established a number of commercial businesses that are owned by the NSW Government. These businesses are established on behalf of the people of NSW to provide critical services.

Who administers the Corporations Act in Australia?

ASIC is an independent Australian Government body. We are set up under and administer the Australian Securities and Investments Commission Act 2001 (ASIC Act), and we carry out most of our work under the Corporations Act.

What is the main purpose of the Corporations Act 2001?

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.

How do you reference legislation in Australia?

e.g.…. Reference list entry….You will need:

  1. Short title of the act in italics.
  2. Year of passage in italics. Add the year of passage if it is not included in the short title of the act.
  3. Jurisdiction abbreviated e.g. Commonwealth or state legislation.
  4. Subdivision if relevant.

Related Posts