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Project on Corporations Act 2001

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Added on  2020-01-28

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Corporations Act 2001
Project on Corporations Act 2001_1
Table of ContentsINTRODUCTION..........................................................................................................................................................3QUESTION 1..................................................................................................................................................................3Disclosure of provision of investment in Corporation Act 2001.........................................................................3CONCLUSION...............................................................................................................................................................7REFERENCES................................................................................................................................................................8
Project on Corporations Act 2001_2
INTRODUCTIONThere are many kind of business entity which has been established in Australia, dealingwith business activities. It is a very well known fact that there are many business organization inAustralia whose main purpose is to carry out business and business related activities all over theregion. Such will ensure a proper regulation of commercial activities for their consumer. In orderto ensure a proper consumer satisfaction, it is very much essential that a work shall be carried outin a proper manner which is why government had made several kind of initiative likeimplementing certain rules and regulation which will make sure that the rights and duties ofstakeholders shall get protected(and Yar, Jewkes, 2013). One of the major law dealing forbusiness scenario is Corporation act 2001. it is a kind of law which shall be dealing with businessentities in Australia at federal interest level. The following care shall focus on to the differentprovision of corporation act 2001. the main aim of the project is to create a better understandingand knowledge on this act.QUESTION 1Disclosure of provision of investment in Corporation Act 2001What is company constitution?Nation required constitution since 1998 and so as Australian companies which is why a set of rules andregulation was established to ensure that a proper constitution will be formed. A company’s constitution is referredto set of rules and regulation, describe about how a business entity shall work. A constitution of a company shallinclude Memorandum of association and Article of Association which will describe provision related to it. Thereare many kind of business activities which has been taking place in region in order to carry outbusiness environment in the market. There are many kind of organization which has been set tocarry out different types of activities related to sell and buy of the affairs or articles. It has beenseen that it is very important to establish a proper authority first then to start with establishmentof a firm. That is when a new organization of business has been set up in the market then it isvery important management shall be carried out in a proper manner. There are many laws andregulation which give a guideline to organization regarding setting up management for anexample it has been seen that one of the most efficient act in terms of business activities iscorporation Act 2001 of Australia(Womack, and Jones, 2010). This act have several kindsprovision which shall deal into basic feature of a business entity. For an example when a
Project on Corporations Act 2001_3

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