Knowledge (XXG)

Corporations Act 2001

Source đź“ť

407: 137: 247: 412: 1060: 27: 1188:
The 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.
1220:
was found to provide sufficient power for legislation applicable only to foreign corporations and corporations already formed within the Commonwealth. This decision led to the creation of a co-operative scheme, involving a
1260:
The Act is published in five volumes covering a total of ten chapters. The chapters have multiple parts, and within each part there may be multiple divisions. Each chapter contains a collection of sections.
781: 1134: 838: 768: 703: 860: 460: 439: 1222: 833: 596: 586: 623: 613: 1428: 1241: 1217: 605: 1530: 492: 1216:('The Corporations Act Case'). In that case, the Commonwealth was found to have insufficient power to legislate in relation to the formation of companies. 1127: 818: 900: 823: 803: 882: 878: 867: 164:
An Act to make provision in relation to corporations, securities, the futures industry and financial products and services, and for other purposes
708: 954: 939: 1240:(MINCO) for approval. The co-operative scheme has come under pressure in recent times as the Commonwealth Government has sought to rely on the 1120: 731: 44: 944: 1210: 1101: 357: 452: 934: 749: 428: 194: 828: 339: 1535: 1492: 926: 763: 110: 91: 63: 913: 690: 685: 680: 675: 670: 665: 1525: 1482: 1473: 1006: 991: 721: 503: 471: 949: 1450: 1445: 851: 813: 736: 70: 48: 964: 959: 1237: 1026: 1001: 794: 698: 365: 291: 808: 77: 1106: 322: 1455: 1036: 890: 578: 534: 59: 37: 1291: 996: 256: 1389:
Part 7.10—Market misconduct and other prohibited conduct relating to financial products and financial services
1202: 1174: 1086: 905: 713: 406: 1233: 1206: 1182: 1158: 1041: 1021: 1016: 526: 398: 388: 144: 1249: 1091: 1071: 1046: 1031: 986: 776: 649: 631: 516: 484: 1488: 977: 559: 312: 275: 232: 1245: 758: 375: 1393: 895: 84: 569: 564: 1226: 1154: 1096: 1081: 420: 368: 1467: 1178: 1064: 726: 636: 330: 246: 136: 1162: 1076: 616: 549: 537: 1478: 1365:
Chapter 6C—Information about ownership of listed companies and managed investment schemes
1173:
and managed investment schemes, are also regulated. The Act is the foundational basis of
183: 1236:
between the states and the Commonwealth, all changes to the Act must be referred to the
589: 411: 347: 1519: 1432:
simplified the statute, which, at 3,354 pages, dwarfs those of other nations such as
554: 544: 177: 495: 201: 1170: 463: 283: 26: 870: 474: 442: 299: 155: 1011: 431: 1338:
Chapter 5B—Bodies corporate registered as companies, and registrable bodies
1326:
Chapter 2N—Updating ASIC information about companies and registered schemes
1362:
Chapter 6B—Rights and liabilities in relation to Chapter 6 and 6A matters
265: 1166: 1433: 1335:
Chapter 5A—Deregistration, and transfer of registration, of companies
1417:
Schedule 4—Transfer of financial institutions and friendly societies
1252:
states threatening to withdraw from the Corporations Agreement.
921: 20: 245: 1436:, whose corporations statute is less than 200 pages long. 1169:
is the Act's primary focus, but other entities, such as
1205:
was the subject of a successful legal challenge in the
1495:
Company Law in Australia: Principles and Applications
200: 190: 172: 143: 127: 51:. Unsourced material may be challenged and removed. 1359:Chapter 6A—Compulsory acquisitions and buy‑outs 1305:Chapter 2J—Transactions affecting share capital 1429:Corporate Law Economic Reform Program Act 2004 1218:Section 51(xx) of the Australian Constitution 1128: 606:Federal Circuit and Family Court of Australia 8: 1181:having adopted the Act as required by the 1135: 1121: 219: 135: 1386:Chapter 7—Financial services and markets 111:Learn how and when to remove this message 1296:Chapter 2F—Members’ rights and remedies 1161:, which sets out the laws dealing with 861:Department of Foreign Affairs and Trade 255: 231: 225:This article is part of a series on the 161: 1508:(which mentions the complexity of the 1323:Chapter 2M—Financial reports and audit 1281:Chapter 2B—Basic features of a company 124: 1353:Chapter 5C—Managed investment schemes 7: 1248:reform agenda. This has led to some 1238:Ministerial Council for Corporations 49:adding citations to reliable sources 1531:Acts of the Parliament of Australia 195:States and territories of Australia 16:Act of the Parliament of Australia 14: 1368:Chapter 6CA—Continuous disclosure 1332:Chapter 5—External administration 1287:Chapter 2D—Officers and employees 1278:Chapter 2A—Registering a company 1058: 914:Australia and the United Nations 410: 405: 25: 1483:Federal Register of Legislation 1474:Federal Register of Legislation 36:needs additional citations for 1451:Income Tax Assessment Act 1997 1446:Income Tax Assessment Act 1936 1329:Chapter 2P—Lodgments with ASIC 1212:New South Wales v Commonwealth 1: 1479:Corporations Regulations 2001 1102:Australian Capital Territory 764:Premiers and chief ministers 759:Governors and administrators 714:Referendums and plebiscites 1552: 1456:Australian Takeovers Panel 1292:Related party transactions 769:Parliaments and assemblies 632:State and territory courts 579:Federal Court of Australia 358:Federal Executive Council 210: 184:No. 50 of 2001 as amended 150: 134: 1536:Australian corporate law 1203:Australian corporate law 1175:Australian corporate law 699:Federal electoral system 453:House of Representatives 1207:High Court of Australia 1183:Australian Constitution 1159:Parliament of Australia 782:State electoral systems 527:High Court of Australia 145:Parliament of Australia 60:"Corporations Act 2001" 1526:2001 in Australian law 1371:Chapter 6D—Fundraising 1275:Chapter 1—Introductory 1234:Corporations Agreement 879:Diplomatic missions of 751:States and territories 250: 1469:Corporations Act 2001 1320:Chapter 2L—Debentures 1244:to legislate for its 1150:Corporations Act 2001 399:Australian Parliament 340:Deputy Prime Minister 249: 129:Corporations Act 2001 1414:Schedule 3—Penalties 1284:Chapter 2C—Registers 1246:industrial relations 1198:Constitutional basis 1065:Australia portal 45:improve this article 1394:Market manipulation 1356:Chapter 6—Takeovers 1299:Chapter 2G—Meetings 704:Electoral divisions 1242:corporations power 1165:in Australia. The 1107:Northern Territory 722:Voter registration 251: 191:Territorial extent 1491:(18 March 2005). 1409:Schedules 3 and 4 1302:Chapter 2H—Shares 1227:Australian states 1223:referral of power 1163:business entities 1145: 1144: 1087:Western Australia 901:Visa requirements 853:Foreign relations 839:Political parties 737:Political funding 732:Political parties 369:Albanese ministry 236: 218: 217: 121: 120: 113: 95: 1543: 1510:Corporations Act 1507: 1505: 1503: 1179:Australian state 1137: 1130: 1123: 1063: 1062: 1061: 1027:Multiculturalism 1002:Environmentalism 980: 868:Foreign Minister 854: 797: 796:Local government 752: 727:Leadership spill 659:Recent elections 652: 637:Law of Australia 519: 414: 409: 391: 331:Anthony Albanese 315: 292:Governor-General 268: 239: 234: 226: 220: 186: 180: 139: 125: 116: 109: 105: 102: 96: 94: 53: 29: 21: 1551: 1550: 1546: 1545: 1544: 1542: 1541: 1540: 1516: 1515: 1501: 1499: 1487: 1464: 1442: 1424: 1411: 1406: 1383: 1378: 1350: 1345: 1317: 1312: 1272: 1267: 1258: 1200: 1195: 1141: 1112: 1111: 1092:South Australia 1072:New South Wales 1059: 1057: 1052: 1051: 982: 978: 970: 969: 931: 918: 910: 891:Nationality law 887: 875: 856: 852: 844: 843: 799: 795: 787: 786: 773: 754: 750: 742: 741: 718: 695: 654: 650: 642: 641: 628: 617:Will Alstergren 601: 574: 538:Stephen Gageler 521: 517: 509: 508: 504:Shadow Ministry 480: 448: 416: 393: 389: 381: 380: 353: 317: 313: 305: 304: 270: 266: 237: 233: 224: 182: 176: 168: 165: 160: 159: 117: 106: 100: 97: 54: 52: 42: 30: 17: 12: 11: 5: 1549: 1547: 1539: 1538: 1533: 1528: 1518: 1517: 1514: 1513: 1485: 1476: 1463: 1462:External links 1460: 1459: 1458: 1453: 1448: 1441: 1438: 1423: 1420: 1419: 1418: 1415: 1410: 1407: 1405: 1402: 1401: 1400: 1399: 1398: 1397: 1396: 1382: 1379: 1377: 1374: 1373: 1372: 1369: 1366: 1363: 1360: 1357: 1354: 1349: 1348:Chapters 5C–6D 1346: 1344: 1341: 1340: 1339: 1336: 1333: 1330: 1327: 1324: 1321: 1316: 1315:Chapters 2L–5B 1313: 1311: 1308: 1307: 1306: 1303: 1300: 1297: 1294: 1288: 1285: 1282: 1279: 1276: 1271: 1268: 1266: 1263: 1257: 1254: 1199: 1196: 1194: 1191: 1143: 1142: 1140: 1139: 1132: 1125: 1117: 1114: 1113: 1110: 1109: 1104: 1099: 1094: 1089: 1084: 1079: 1074: 1068: 1067: 1054: 1053: 1050: 1049: 1044: 1039: 1034: 1029: 1024: 1019: 1014: 1009: 1004: 999: 994: 989: 983: 976: 975: 972: 971: 968: 967: 962: 957: 955:European Union 952: 947: 942: 940:United Kingdom 937: 930: 929: 924: 917: 916: 909: 908: 903: 898: 893: 886: 885: 874: 873: 864: 863: 857: 850: 849: 846: 845: 842: 841: 836: 831: 826: 821: 816: 811: 806: 800: 793: 792: 789: 788: 785: 784: 779: 772: 771: 766: 761: 755: 748: 747: 744: 743: 740: 739: 734: 729: 724: 717: 716: 711: 706: 701: 694: 693: 688: 683: 678: 673: 668: 662: 661: 655: 648: 647: 644: 643: 640: 639: 634: 627: 626: 624:List of Judges 620: 619: 610: 609: 600: 599: 597:List of Judges 593: 592: 590:Debra Mortimer 583: 582: 573: 572: 567: 562: 557: 552: 547: 541: 540: 531: 530: 522: 515: 514: 511: 510: 507: 506: 500: 499: 489: 488: 479: 478: 468: 467: 457: 456: 447: 446: 436: 435: 425: 424: 403: 402: 394: 387: 386: 383: 382: 379: 378: 372: 371: 362: 361: 352: 351: 348:Richard Marles 344: 343: 335: 334: 327: 326: 323:Prime Minister 318: 311: 310: 307: 306: 303: 302: 296: 295: 287: 286: 280: 279: 271: 264: 263: 260: 259: 253: 252: 242: 241: 229: 228: 216: 215: 208: 207: 204: 198: 197: 192: 188: 187: 178:No. 50 of 2001 174: 170: 169: 167: 166: 163: 153: 152: 151: 148: 147: 141: 140: 132: 131: 119: 118: 33: 31: 24: 15: 13: 10: 9: 6: 4: 3: 2: 1548: 1537: 1534: 1532: 1529: 1527: 1524: 1523: 1521: 1511: 1498: 1496: 1490: 1489:Michael Kirby 1486: 1484: 1480: 1477: 1475: 1471: 1470: 1466: 1465: 1461: 1457: 1454: 1452: 1449: 1447: 1444: 1443: 1439: 1437: 1435: 1431: 1430: 1421: 1416: 1413: 1412: 1408: 1403: 1395: 1391: 1390: 1388: 1387: 1385: 1384: 1380: 1375: 1370: 1367: 1364: 1361: 1358: 1355: 1352: 1351: 1347: 1342: 1337: 1334: 1331: 1328: 1325: 1322: 1319: 1318: 1314: 1309: 1304: 1301: 1298: 1295: 1293: 1289: 1286: 1283: 1280: 1277: 1274: 1273: 1270:Chapters 1–2J 1269: 1264: 1262: 1255: 1253: 1251: 1247: 1243: 1239: 1235: 1230: 1228: 1224: 1219: 1215: 1213: 1208: 1204: 1197: 1192: 1190: 1186: 1184: 1180: 1177:, with every 1176: 1172: 1168: 1164: 1160: 1156: 1152: 1151: 1138: 1133: 1131: 1126: 1124: 1119: 1118: 1116: 1115: 1108: 1105: 1103: 1100: 1098: 1095: 1093: 1090: 1088: 1085: 1083: 1080: 1078: 1075: 1073: 1070: 1069: 1066: 1056: 1055: 1048: 1045: 1043: 1040: 1038: 1037:Republicanism 1035: 1033: 1030: 1028: 1025: 1023: 1020: 1018: 1015: 1013: 1010: 1008: 1005: 1003: 1000: 998: 995: 993: 990: 988: 985: 984: 981: 974: 973: 966: 963: 961: 958: 956: 953: 951: 948: 946: 945:United States 943: 941: 938: 936: 933: 932: 928: 925: 923: 920: 919: 915: 912: 911: 907: 904: 902: 899: 897: 894: 892: 889: 888: 884: 880: 877: 876: 872: 869: 866: 865: 862: 859: 858: 855: 848: 847: 840: 837: 835: 832: 830: 827: 825: 822: 820: 817: 815: 812: 810: 807: 805: 802: 801: 798: 791: 790: 783: 780: 778: 775: 774: 770: 767: 765: 762: 760: 757: 756: 753: 746: 745: 738: 735: 733: 730: 728: 725: 723: 720: 719: 715: 712: 710: 707: 705: 702: 700: 697: 696: 692: 689: 687: 684: 682: 679: 677: 674: 672: 669: 667: 664: 663: 660: 657: 656: 653: 646: 645: 638: 635: 633: 630: 629: 625: 622: 621: 618: 615: 614:Chief Justice 612: 611: 608: 607: 603: 602: 598: 595: 594: 591: 588: 587:Chief Justice 585: 584: 581: 580: 576: 575: 571: 568: 566: 563: 561: 558: 556: 553: 551: 548: 546: 543: 542: 539: 536: 535:Chief Justice 533: 532: 529: 528: 524: 523: 520: 513: 512: 505: 502: 501: 497: 494: 491: 490: 487: 486: 482: 481: 476: 473: 470: 469: 465: 462: 459: 458: 455: 454: 450: 449: 444: 441: 438: 437: 433: 430: 427: 426: 423: 422: 418: 417: 415: 413: 408: 401: 400: 396: 395: 392: 385: 384: 377: 374: 373: 370: 367: 364: 363: 360: 359: 355: 354: 349: 346: 345: 342: 341: 337: 336: 332: 329: 328: 325: 324: 320: 319: 316: 309: 308: 301: 298: 297: 294: 293: 289: 288: 285: 282: 281: 278: 277: 273: 272: 269: 262: 261: 258: 254: 248: 244: 243: 240: 230: 227: 222: 221: 213: 209: 205: 203: 199: 196: 193: 189: 185: 179: 175: 171: 162: 158: 157: 149: 146: 142: 138: 133: 130: 126: 123: 115: 112: 104: 101:November 2017 93: 90: 86: 83: 79: 76: 72: 69: 65: 62: â€“  61: 57: 56:Find sources: 50: 46: 40: 39: 34:This article 32: 28: 23: 22: 19: 1509: 1500:. Retrieved 1494: 1468: 1427: 1425: 1259: 1231: 1211: 1201: 1187: 1171:partnerships 1149: 1148: 1146: 997:Conservatism 883:in Australia 777:State courts 709:By-elections 658: 604: 577: 525: 496:Peter Dutton 483: 451: 419: 404: 397: 356: 338: 321: 290: 274: 257:Constitution 223: 211: 206:28 June 2001 202:Royal assent 154: 128: 122: 107: 98: 88: 81: 74: 67: 55: 43:Please help 38:verification 35: 18: 1493:"Foreword: 1290:Chapter 2E— 1032:Nationalism 935:New Zealand 906:Visa policy 570:Beech-Jones 464:Milton Dick 390:Legislature 284:Charles III 235:Politics of 1520:Categories 1502:27 January 1481:, at the 1422:Amendments 1232:Under the 1193:Background 1082:Queensland 1042:Secularism 1022:Monarchism 1017:Liberalism 979:Ideologies 871:Penny Wong 485:Opposition 475:Tony Burke 443:Penny Wong 300:Sam Mostyn 156:Long title 71:newspapers 1472:, at the 1381:Chapter 7 1225:from the 1047:Socialism 1012:Hansonism 1007:Far-right 992:Christian 987:Anarchism 896:Passports 651:Elections 518:Judiciary 432:Sue Lines 429:President 314:Executive 238:Australia 1440:See also 1404:Volume 5 1376:Volume 4 1343:Volume 3 1310:Volume 2 1265:Volume 1 1097:Tasmania 1077:Victoria 366:Ministry 267:Monarchy 214:In force 173:Citation 1256:The Act 1167:company 1157:of the 565:Gleeson 560:Steward 555:Edelman 461:Speaker 376:Cabinet 276:Monarch 212:Status: 85:scholar 1434:Sweden 1392:1041A 1214:(1990) 1153:is an 950:Canada 550:Gordon 493:Leader 472:Leader 440:Leader 421:Senate 87:  80:  73:  66:  58:  1250:Labor 965:India 960:China 545:Keane 477:(ALP) 466:(ALP) 445:(ALP) 434:(ALP) 350:(ALP) 333:(ALP) 92:JSTOR 78:books 1504:2013 1426:The 1147:The 927:APEC 691:2007 686:2010 681:2013 676:2016 671:2019 666:2022 498:(LP) 64:news 1209:in 1185:. 1155:Act 922:G20 829:Tas 814:Qld 809:Vic 804:NSW 181:or 47:by 1522:: 1229:. 881:/ 834:NT 824:SA 819:WA 1512:) 1506:. 1497:" 1136:e 1129:t 1122:v 114:) 108:( 103:) 99:( 89:· 82:· 75:· 68:· 41:.

Index


verification
improve this article
adding citations to reliable sources
"Corporations Act 2001"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message

Parliament of Australia
Long title
No. 50 of 2001
No. 50 of 2001 as amended
States and territories of Australia
Royal assent
Politics of
Australia


Constitution
Monarchy
Monarch
Charles III
Governor-General
Sam Mostyn
Executive
Prime Minister
Anthony Albanese
Deputy Prime Minister

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑