BUS200 Assignment - Constitution of SAM Ltd & Meeting Documents

This assignment solution provides SAM Ltd's company constitution, outlining key definitions, replaceable rules, and share issuance. It details the process of registering a public company, including the issuance of Class A and preference shares. Additionally, the assignment includes the preparation of documents required to call a members meeting for the purpose of voting and appointing a new director to the company board, referencing relevant sections of the Corporations Act 2001. This document is available on Desklib, a platform offering a wide range of study resources, including past papers and solved assignments.

SAM Ltd
ABN 985658965
Corporate office:
31 Rome Street, Sydney, NSW 4027
Phone [phone]
Fax [phone]
Website: www.sam.au
CONSTITUTION OF THE COMPANY
1. Definitions
The below definitions will be applicable to the constitution unless stated otherwise
Australian Securities and Investment Commission (ASIC)
Corporation Act 2001 (CA)
Provisional and concluding dividend (dividend)
This Constitution (constitution)
Persons appointed and acting as directors (directors)
Rate for dividends in relation to preference shares as stated on share certificate (Preference Rate)
Body corporate or individuals present at the a meeting (present members)
Base rate, Charged interest by bank (Prescribed rate)

Official and common seal of company (seal)
2. The company to be governed by replaceable rules
Replaceable Rules To be applied in accordance with section 135 of CA
The internal management of the company will be governed by replaceable rules as per section
134 of the CA
3. Type of company
As per section 117 of the CA a company can be registered as a public company and it can issue
shares to public and it can have any number of members.
4. Issue of Shares
The directors can issue any type and number of share which have been permitted via the CA.
5. Different classes of shares
Class A share will be issued by the company during the time of incorporation. They will be
general shares and will not have any voting rights
The company will also have preference shares under the meaning provided in s.254A