This report discusses the legal and regulatory frameworks affecting the business functioning of BHP Billiton in Australia. It covers various legislative requirements and frameworks, treaties, conventions, and agreements that impact the business functioning. The report also identifies the MNC and the industry within which it operates. The legislative frameworks discussed include the Environment Protection Act, Aviation Transport Security Act, Australian Radiation Protection and Nuclear Safety Act, etc. The report also discusses the impact of trade agreements and treaties on the business functioning.