Update on Electronic Signatures under Section 127 of the Corporations Act

Electronic execution of documents is once again permitted under section 127 of the Corporations Act 2001 (Cth) ("Corporations Act"). On 10 August 2021, the Treasury Laws Amendment (2021 Measures No.1) Bill 2021 ("the Bill") passed...

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Changes to the Australian Consumer Law

From 1 July 2021, amendments to the Australian Consumer Law (ACL) definition of "consumer" will significantly extend consumer protections. The definition – the current form of which has been in place since 1986 – was, among...

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Federal Treasurer announces extension of measures relating to virtual AGMs and signing and sending electronic documents

The temporary COVID-19 exemptions regarding virtual AGMs and signing and sending electronic documents has been extended until 15 September 2021, Federal Treasurer the Hon Josh Frydenberg MP has announced. Importantly, the an...

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Insolvency Reforms: for better or for worse?

On 24 September 2020, the Australian Federal Government announced what it called the most significant reforms to Australia's insolvency framework in over 30 years. "The reforms, which draw on key features from Chapter 11 of the...

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Shareholders’ Agreements – What are they and what are they for?

As the name suggests, a Shareholders' Agreement is an agreement between the shareholders of a company, which sets out the rules and processes that will apply to shareholders investing in and participating in the decision making of...

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Extension of temporary COVID-19 Corporations Act amendments

On 31 July 2020, the Treasurer, Josh Frydenberg, announced that the Morrison Government would extend certain features of the temporary Coronavirus response legislation for a further 6 months. Until 21 March 2021, company direct...

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