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Company Law Assignment: Constitution of the Company

   

Added on  2020-05-28

2 Pages266 Words194 Views
CONSTITUTION OF THE COMPANY1. Definitions The below definitions will be applicable to the constitution unless stated otherwiseCorporation Act 2001 (CA)Australian Securities and Investment Commission (ASIC)Provisional and concluding dividend (dividend)Persons appointed and acting as directors (directors)This Constitution (constitution)Body corporate or individuals present at the an meeting (present members)Rate for dividends in relation to preference shares as stated on share certificate (Preference Rate)Official and common seal of company (seal)Base rate, Charged interest by bank (Prescribed rate)1.2 InterpretationNo meaning of the words in this constitution is changed through the use of italics unless statedotherwise2. Application of replaceable rule. The internal management of the company will be governed by replaceable rules as per section134 of the CA
Company Law Assignment: Constitution of the Company_1

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