Company Analysis and Regulatory Frameworks

This assignment delves into a comprehensive analysis of a specific company. It examines various agreements and conventions related to the company, alongside discussions on relevant regulatory frameworks governing finance and consumer protection. The analysis draws upon academic sources like books, journals, and reports to provide insights into the company's legal and financial landscape.

LAW

Table of Contents
INTRODUCTION...........................................................................................................................3
1........................................................................................................................................................3
Brief description of BHP Billiton Limited .................................................................................3
2........................................................................................................................................................5
Effect of regulatory framework in BHP Billiton Limited...........................................................5
3........................................................................................................................................................6
Treaties, conventions or agreements impacting products and services of BHP Billiton limited 6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
In this modern world, legal aspects of international trade and practices are very
considerable. In the context of modern world and enterprises, there are various legal aspects
related to them. In this present report, various lawful objects and terms will be discussed. Also, a
brief description about BHP Billiton is mentioned (Christians, Patton and Law, 2016). In
addition to this, regulatory frame work will be discussed. In this context, various legal
complications like corporate tax , agreements has been mentioned in this report. The company is
headquartered in Australia. It is a multi national company engaged in business of mining metals
and petroleum products. In this regard, it can also be mentioned that various treaties and
conventions and agreements has also been discussed in which the company has impacted its
operations.
1.
Brief description of BHP Billiton Limited
In Australia, which is one of the continent in World, there are several foreign
multinational companies operating with different types and stream lines of business. In
accordance with the provisions of law, all business organizations should be aware of all legal and
ethical norms (Goldberg and et. al., 2010). They are required to follow and adhere by all legal
regulations as prescribed in various laws and legislations.
'BHP Billiton Limited ” is a Public multinational company which has its headquarter in
Australia and UK . It is the dual listed company . In Australia, it is registered as Australian
Securities Stock exchange. In the terms of revenue and market capitalisation it is considered as
one of the largest companies in Australia. On the other hand, “BHP Billiton PLC” has also been
registered in the London Stock Exchange. Also, it has its services rendered in the marketing
department in the name of “BHP Billiton Marketing Asia Pte Ltd” in Singapore. Along with
this, the company has its branch offices in South America , Africa , north America, Asia and

Europe etc (Hesselgreaves, Law and Reay, 2016). the company has its total assets for the year of
2016 is 118963 million dollar. The main objectives of the company involved to be at the position
of leading company in the business of mining and excavation of metals and other materials from
land which includes metals and petroleum products. The business organization of the company
complies with several legal and ethical norms and legal regulations which includes to serve for
the betterment of the society and earth. Also, its objective is to conduct its operations with best
utilisation of the resources and
best service for the society.
The industry the company operates in : BHP Billiton Limited operates in the business of
mining of petroleum and mining materials and metals. It is considered as one of the big
companies in Australia (Jung and et. al., 2010). Also, it has been recognised as the world's
largest company which has been engaged in the business of mining of metals and like materials.
Number of staff In Australia: The number of employees working in the BHP Billiton is
about 26,287 .
Number of staff globally: As evaluated, BHP Billiton is currently having its business
operations worldwide in different regions of countries. The number of employees of the cited
company across the globe are 12, 831.
Location of global headquarters: BHP Billiton Limited is considered as one of the top
companies involved in the business of mining metal and petroleum products. The main
headquarters are situated in London and Melbourne.
The main objectives of the cited organization includes to run and operate its business
operations for a long term with low cost and in a lead position with remarkable profits. The cited
organization aim to develop and grow their varied listings of Tier one assets which will enable
them to proceed to meet the demands and needs of consumers (Sandler and et. al., 2011). Also,
the cited company focus on to operate its business operations according to the corporate social
responsibility. It can be said that the cited organisation donates 1 % of Pre- tax profit, for the
betterment of the society. It is also registered in one of the 90 companies which extracts and
trade in respect of fossil fuels which play a key role in two/ thirds of global green house effect.

2.
Effect of regulatory framework in BHP Billiton Limited
Regulatory framework is the standards, by which companies are required to adhere and
comply to achieve desired goals (Klionsky and et. al., 2016). Regulatory framework can be on
different aspects. These includes tax related complications, financial statements etc. In the
context of BHP Billiton limited, the regulatory framework has been effected in the terms of
finance.
A regulatory framework is the method in which the preparation of financial statements
has been done. It makes sure that needs and wants of financial statement and reports has been
met and fulfilled (Knox and et. al., 2011). Also, regulatory framework also ensures regarding the
growth and expansion of the goods and services related to the business of company. In the
respect of the cited company, the management recognised the need of preparation of financial
statements as it enables their organization to hike confidence of users in the process of financial
reporting process. In accordance with the laws and regulations framed in Australia, it has been
assessed that there are many particulars which affect the environment of accounting. A major
structure of regulation includes :
National financial reporting standards, national laws , rules and regulations of market
area, securities exchange rules etc. The cited company has impacted on its business operations by
the regulatory framework in regard to financial statements. The company has been affected by
this regulatory framework as the cited organization has a moral duty to prepare their financial
statements so that it can satisfy their customers and stakeholders. A financial statement is a true
representative of an actual position of the company. So, it is the moral obligation of the company
to perform all the tasks and requirements so that it can operate according to the legal and
regulatory framework of financial statements. The management of BHP Billiton is of opinion of
making the financial statements according to the regulatory framework prevailing in Australia, as
it will enable the said organization to show the actual and true position of their assets and
liabilities. Also, it will also lead them to be the global leader in the business of mining and other
related activities.
Also, regulatory framework in the regard of tax complications. The company is require to
pay the tax at 30%. it can be seen that the company is required to adhere the legal and ethical
norms (Law and Jacobsen, 2010). It can be seen that the cited company pay tax around 65

billion which also includes the amount of taxes and royalties. It can be seen that the company
has been affected by the regulatory aspects and norms due to the effective operations of their
business operations. The company is liable to pay the tax at the rate of 30.3 %. The effective
framework has been designed so that the companies can operate their operations in an effective
manner. Also, it has been evaluated that the 76 of the biggest multinationals pay corporate tax at
the rate of 16.5% which is around half of the standard rate of corporate tax, that is 30%.
Moreover, the business organization is highly affected by the operations in the context of
the regulatory framework established in the respect of competition laws. In accordance with the
laws framed in the respect of competition laws it can be noted that Australia has framed a
national statutory framework (Law and et. al., 2014). It makes sure that the trading of business
organizations are conducted in a fair and smooth manner. BHP Billiton has been effected by the
said regulation as it creates the need of trading its activities in a legal and fair manner. With
reference ton this the cited organization practices its trades and operations in a fair manner and
with due obligations. In accordance with the laws of the cited company aim to establish the
business environment in their premises which is full of appropriate advise on business rights and
obligations. Also, it consist of the formation of rules and regulations that makes sure regarding
the ethical and fair business environment in business organization. Regulatory framework in
accordance with the consumer laws has also been complied by BHP Billiton company. It assure
regarding any unfair trading activities and other regulations in respect of unfair contract terms
and regulations and other aspects. Through these laws and regulations, the cited business
organization makes sure that rights of their consumers are fully protected. It aim to provide for
the contracts and agreements which protect safety and safeguard their employees and customers.
3.
Treaties, conventions or agreements impacting products and services of BHP Billiton limited
Treaties or conventions or agreements are signed by two parties to the contract to give
effect the legal relationship between both the parties in the contract. In accordance with the
provisions of contract act, Contract are written agreement which comprises of all essential
agreements and other legal aspects. It highlights the legal relationship between two parties in the
contract (Liu and et. al., 2012). Various terms and conditions has been inserted in the written

agreement by both of the parties. It can also be noted that there are various conditions and
warranties which are required to be mentioned so as to avoid any confusion and ambiguity.
With reference to this, it can be evaluated that BHP Billiton limited has entered into
various agreements and conventions which effect the transaction of goods and services in
Australia. In respect of this, the cited company has made an agreement with Tkyo Gas Co. Ltd
and Toho Gas Co. Ltd of Japan, for the purpose of buying and selling of liquefied natural gas
from the North West Shelf in Western region of Australia. The said agreement was been signed
by Six NWS LNG sellers and occupied the supply of 1.37 million tonnes of LPG per annum. In
this aspect the agreement is consist of the various conditions and terms which are necessary for
effecting the agreement (Nozik and et. al., 2010). The agreement is likely to consider the effect
the goods and services. By this said agreement, the cited company can be able to ask for the
damages in respect of the conditions and warranties. The agreement consisted of different types
of terms and conditions. It includes that appropriate goods and services will be transferred in the
respect of the payment of efficient consideration. The contract should be made with respect of all
the ethical regulation which are legal and ethical in nature (Ritchie and et. al., 2015). Also, the
contractor has a moral duty not to interfere in the current tasks operations of the other other
company. Also, it is the duty of the Tokyo Gas Co. Ltd to make sure regarding the timely
delivering of goods and services. It can be said that it is also a duty of seller to make sure that the
risks and other issues are not transferred to the purchaser until and unless goods and services has
not been transferred to the latter.
CONCLUSION
From the above report it can be concluded that legal aspects of international trade and
business enterprises are crucial for attaining knowledge and conducting the operations at a global
level. This present report has been focused on the BHP Billiton Ltd which is one of the largest
mining companies in the whole world. It is listed both in London and Australia. In this report the
brief description has also bee explained. Along with this, various agreements and conventions
has also been discussed in the respect of the cited company. Also regulatory framwe workl in
respect of finance and consumer laws has been discussed in detail.

REFERENCES
Books and Journal
Christians, N.E., Patton, A.J. and Law, Q.D., 2016. Fundamentals of turfgrass management.
John Wiley & Sons.
Goldberg, A.D and et. al., 2010. Distinct factors control histone variant H3. 3 localization at
specific genomic regions. Cell, 140(5), pp.678-691.
Hesselgreaves, J.E., Law, R. and Reay, D., 2016. Compact heat exchangers: selection, design
and operation. Butterworth-Heinemann.
Jung, M and et. al., 2010. Recent decline in the global land evapotranspiration trend due to
limited moisture supply. Nature, 467(7318), pp.951-954.
Klionsky, D.J and et. al., 2016. Guidelines for the use and interpretation of assays for monitoring
autophagy. Autophagy, 12(1), pp.1-222.
Knox, C and et. al., 2011. DrugBank 3.0: a comprehensive resource for ‘omics’ research on
drugs. Nucleic acids research, 39(suppl 1), pp.D1035-D1041.
Law, J.A. and Jacobsen, S.E., 2010. Establishing, maintaining and modifying DNA methylation
patterns in plants and animals. Nature Reviews Genetics, 11(3), pp.204-220.
Law, V and et. al., 2014. DrugBank 4.0: shedding new light on drug metabolism. Nucleic acids
research, 42(D1), pp.D1091-D1097.
Liu, L and et. al., 2012. Comparison of next-generation sequencing systems. BioMed Research
International, 2012.
Nozik, A.J and et. al., 2010. Semiconductor quantum dots and quantum dot arrays and
applications of multiple exciton generation to third-generation photovoltaic solar
cells. Chemical reviews, 110(11), pp.6873-6890.
Ritchie, M.E and et. al., 2015. limma powers differential expression analyses for RNA-
sequencing and microarray studies. Nucleic acids research, p.gkv007.
Sandler, N.G and et. al., 2011. Plasma levels of soluble CD14 independently predict mortality in
HIV infection. Journal of Infectious Diseases, 203(6), pp.780-790.