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Under what section of the Corporations ACT 2001 does a director of a company have the power to inspect the books of the company for the purposes of a legal proceeding?
Section 198F(1) of the Corporations Act affords a current director the right to inspect a company's books (other than the companies financial records) at all reasonable times for the purposes of a legal proceeding to which that director is a party. Former directors also have similar inspection rights under section 198F(2). A former director's inspection right continues for seven (7) years after they cease to be a director.
What is the statute that regulates companies In regards to real estate. Is It companies act 1981 corporations act 2001 property law act 1974 or trade practices act 1974?
Trade Practices act 1974
How is financial year defined by the Corporations Act 2001?
If you are refering to the Australian Corporations Act 2001, financial year is covered by section 232D, which, in part, says: " ... (1) The first financial year for a company, registered scheme or disclosing entity starts on the day on which it is registered or incorporated. It lasts for 12 months or the period (not longer than 18 months) determined by the directors" It is not to be confused with the more common use of the term financial year which is tax related, and is July 1 to June 30.
Edge Act corporations are chartered by which organization?
Edge Act corporations are chartered by the Fed, while agreement corporations secure their charters from the states.
Why are corporations covered under the national fair work act of Australia?
The power to legislate corporations is held by the Commonwealth (and corporations as it applies to Industrial relations per the High Courts ruling) and hence the act covers corporations in their role as employers, which is defined in the act.
Why are agreement corporations called agreement corporations?
Agreement corporations are so named because they must agree to conform to activities permitted to Edge Act corporations.
Agreement corporations are chartered by which organizations?
Edge Act corporations are chartered by the Fed, while agreement corporations secure their charters from the states.
What has the author Wayne D Gray written?
Wayne D. Gray has written: 'The 2000 Annotated Canada Business Corporations Act' 'The annotated Canada Business Corporations Act, 1995 and the following related statutes, Corporations and Labour Unions Returns Act, Investment Canada Act' 'Integrated Models of Cognitive Systems (Cognitive Models and Architectures)' 'The 1996 annotated Canada Business Corporations Act and the following related statutes, Corporations and Labour Unions Returns Act, Investment Canada Act' -- subject(s): Corporation law
How did the elkins act corporations?
It would not allow them specials rates for shipping
What Act put increased taxes on the rich and majpr corporations?
Wealth Tax
How did Elkins Act hurt corporations?
It would not allow them specials rates for shipping
The sherman antitrust act imposed limitations upon which group?
large corporations
