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The Commonwealth then sought to take sole responsibility for corporations law in Australia. In 2001, the current arrangement was created, after the states referred their power in respect of corporations to the Commonwealth. Australian Securities Commission Act 1989, [6] and Australian Securities & Investments Commission
The corporations power, Constitution s 51(xx), empowers the Commonwealth to legislate with respect to "foreign corporations, and trading or financial corporations formed within the limits of the Commonwealth". On the basis of this power, in 1989 the Commonwealth enacted comprehensive legislation on corporations in Australia, the Corporations ...
The Corporations Act 2001 is an Act of the Parliament of Australia, which sets out the laws dealing with business entities in Australia. The company is the Act's primary focus, but other entities, such as partnerships and managed investment schemes, are also regulated.
Section 51(xx) of the Australian Constitution is a subsection of Section 51 of the Australian Constitution that gives the Commonwealth Parliament the power to legislate with respect to "foreign corporations, and trading or financial corporations formed within the limits of the Commonwealth". This power has become known as "the corporations ...
A Registered Native Title Body Corporate (RNTBC) is a corporation nominated by a group of Aboriginal or Torres Strait Islander people for the purposes of native title in Australia, to represent their native title rights and interests, once that group's native title application has been recognised in a Federal Court of Australia determination, and the corporate body registered.
The State Electricity Commission of Victoria (SEC, SECV or ECV) is a government-owned electricity company in Victoria, Australia.Originally established to generate electricity from the state's reserves of brown coal, the SEC gradually monopolised most aspects of the Victorian electricity industry, before being broken up and largely privatised in the 1990s.
The Victorian Plantations Corporation (VPC) of Victoria, Australia, was established under the State Owned Enterprises Act in May 1993, and by June 1993 was declared a State Business Corporation. The Corporation's functions and powers for the management of softwood and hardwood plantations were previously owned by the Victorian Government , and ...
Aboriginal painting in Grampians National Park in Victoria, Australia Aboriginal mural at the Aborigines Advancement League in Thornbury. A Registered Aboriginal Party (RAP) is a recognised representative body of an Aboriginal Australian people per the Aboriginal Heritage Act 2006 (Vic.), whose function is to protect and manage the Aboriginal cultural heritage in the state of Victoria in ...