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Corporations Act – Structure

The Corporations Act is the principal law governing the regulation and operation of corporations registered in Australia and foreign corporate entities operating in Australia.

The Act is divided into various Chapters covering different aspects of a corporation’s ‘life’ from establishment through to de-registration.

These Chapters are summarised under the following headings:

Topic Chapter No. Chapter Heading
CORPORATIONS LAW OVERVIEW 1 Introduction
    9 Miscellaneous
ESTABLISHING A COMPANY 2A Registering a Company
    2B Basic Features of a Company
    2N Updating ASIC Information
    2P Lodgements with ASIC
    5B Bodies Corporate – Registered &
      Registrable
REGISTERS   2C Registers
OFFICERS   2D Officers & Employees
RELATED PARTY TRANSACTIONS 2E Related Party Transactions
MEETINGS & MEMBERS   2G Meetings
SHARES & SHARE CAPITAL 2F Members’ Rights & Remedies
    2H Shares
    2J Transactions Affecting Share Capital
CHARGES & DEBENTURES   2K Charges
    2L Debentures
FINANCIAL REPORTING & AUDIT 2M Financial Reports & Audit

`

INSOLVENCY & DE-REGISTRATION 5 External Administration
  5A De-registration & Transfer of
    Registration
MANAGED INVESTMENT SCHEMES 5C Managed Investment Schemes
TAKEOVERS 6 Takeovers
  6A Compulsory Acquisition & Buy-outs
  6B Rights & Liabilities
  6C Information About Ownership
CONTINUOUS DISCLOSURE 6CA Continuous Disclosure
FUNDRAISING 6D Fundraising
  7 Financial Services & Markets
  8 Mutual Recognition of Securities
    Offers

In addition to the Act there are also Corporations Regulations which expand on and aid the implementation of various operational aspects of the Act.

*Originally written by Company Secretary, an Australian virtual company secretary service.

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