BLAW20001 Lecture Notes - Lecture 10: Arbitrage, Cash Flow Statement, Financial Statement

• School: University of Melbourne
• Department: Business Law
• Course: BLAW20001
• Professor: Helen Anderson

Document Summary

Systemic stability: mandatory disclosure has a role to play in achieving each of these aims, disclosure helps strengthen shareholder decision-making. Part 2g. 3 (cid:373)i(cid:374)utes of (cid:373)eeti(cid:374)gs a(cid:374)d resolutio(cid:374)s of dire(cid:272)tors a(cid:374)d (cid:373)e(cid:373)(cid:271)ers. Shows resolution of members: (e. g. ) resolutio(cid:374) to issue prefere(cid:374)(cid:272)e shares s. 254a(2: minute book records all decisions of the company, not everything ends up in the constitution. If they don"t respond to this letter the company will be deregistered. Periodic reporting: ch 2m, consists of financial report, directors" report and audit report, annual and (for some) half-yearly, applies to all public and large propriety companies. Small propriety company shareholders can request: reports are lodged with asic and sent to shareholders. Large propriety company s. 45a (cid:373)eets t(cid:449)o of the follo(cid:449)i(cid:374)g three tests o(cid:374) a (cid:272)o(cid:374)solidated (cid:271)asis: gross operating revenue million or more, gross assets . 5 million or more, 50 or more employees.