Companies in Australia are legally incorporated under which statute?

Question

Quizplus · Accepted Answer

Companies in Australia are legally incorporated under the Corporations Act of 2001. The Corporations Act regulates the activities of companies operating in Australia, including their formation, registration, management, and operation. The Sarbanes Oxley Act is a U.S. law that applies to U.S. companies listed on American stock exchanges, while the Income Tax Assessment Act is a tax law that deals with the assessment and collection of income tax in Australia.

Companies in Australia Are Legally Incorporated Under Which Statute