The statutory authorities service commission established under the statutory authorities act shall appoint, remove, transfer and exercise disciplinary control over the officers of each corporation. Transfer of shares to treasury registrar and redemption of other shares. Section 35 of the municipal corporations act, 1990 act no. Canada corporations act 63 kb act current to 20200402 and last amended on 20171231. Under the corporations act 2001, contraventions of the duty of good faith or improper use of information or position, if they involve dishonesty or recklessness, can be punished by imprisonment for five years s 184. Delaware corporation and business entity laws division of.
Versions of this act includes consolidations, reprints and as. Short title this act may be cited as the state corporations act. The gujarat provincial municipal corporations act, 1949. Australian corporations law has historically borrowed heavily from uk company law. Corporations regulations 2001 statutory rules 2001 no. Act an act to make special provisions for certain statutory corporations listed therein. The death of the statutory corporation ghana law hub. Business corporations act 10 part 22 other extraprovincial legal entities 297 definition 298 application of part 299 regulations her majesty, by and with the advice and consent of the legislative assembly of alberta, enacts as follows. Federal statutory authorities are established under the pgpa act 20. Insolvency forms approved asic australian securities. Antigua and barbuda statutory corporations general provisions act 2016 no. The notes at the end of this compilation the endnotes include information about amending laws and the amendment history of provisions of the compiled. Business corporations act alberta queens printer government of. A statutory demand is a demand for payment pursuant to section 459e of the corporations act 2001 cth the corporations act.
Rescue of financially distressed close corporations 7. Statutory corporations financial provisions act 1975. Roe, political determinants of corporate governance 2003. Corporations act 2001 sect 459e creditor may serve. Statutory corporations contributions to consolidated fund. Corporations act 2001 table of provisions long title chapter 1introductory part 1. Crossreferences application of act to existing domestic corporation, see 17.
In hong kong, some corporations are incorporated by legislation. Statutory corporations liability of directors act 1996. This chapter may be cited as the south carolina nonprofit corporation act of 1994. Statutory corporations liability of directors act 1996 commencement proclamation 1996. The statutory corporations bill seeks to regulate the administration of statutory corporations in antigua and barbuda, and in so doing make the best use of the available resources. Appointment and removal of senior officers of statutory corporations the board of a statutory corporation shall not appoint or remove any person to a managerial position without the approval of the cabinet. The statute is administered by a single national regulatory authority, the australian securities and investments commission asic since provisions in the act can frequently be traced back to some pioneer legislation in. This act shall be known and may be cited as the business corporation act. The delaware code appearing on this site is prepared by the delaware code revisors and the editorial staff of lexisnexis in cooperation with the division of research of legislative council of the general assembly, and is considered an official version of the state of delaware statutory code. Statutory corporations act ghanalegal legal portal for ghana. Its legal structure now consists of a single, national statute, the corporations act 2001. Clause 3 specifies that the act applies to all statutory corporations in antigua and barbuda. Chapter 50e certification of adoption of transparency and sustainability standards. A statutory authority can be established as a corporate commonwealth entity or a noncorporate commonwealth entity.
Chapter 19 delaware uniform corporate nonprofit association act. Obligation to prepare entity financial statements under relevant financial reporting framework. Power to reorganize public and statutory corporations. The analysis lines preceding the code sections are for identification only and are not considered part of. Do you need to know how to draft a statutory demand form 509h. An act to make special provisions for certain statutory corporations listed therein. Statutory corporations general provisions act, 2016. Application of the acts interpretation act 1901 part 1.
This 1993 act known more formally as the statutory corporations conversions to companies act, 1993 was perhaps the last and clearest indication of the shift of the ghanaian state from its preference of the use of the statutory corporation to the company limited by shares for the transaction of stateled profitoriented enterprise. Notforprofit incorporators handbook ministry of the. The legislature has the power to amend or repeal all or part of this act at any time, and all domestic and foreign corporations subject to this act shall be governed by the amendment or repeal. Statutory corporations general provisions amendment act, 2019 no. Delivery of articles of amalgamation and statutory declaration to registrar. Subsidiary legislation made under this act current versions. A statutory corporation is a corporation created by the state. These companies are formed mainly with an intention to provide the utility services like gas, water, electricity, etc to the general public of the country. This act shall be known and may be cited as the name of state business corporation act. This is a compilation of the corporations act 2001 that shows the text of the law as amended and in force on 14 april 2015 the compilation date. The companies act audit requirement and other matters.
Short title this act may be cited as the statutory corporations general provisions amendment act, 2019 2. Close corporations, see model statutory close corporation supplement. Corporations act 2001 sect 459e creditor may serve statutory demand on company 1 a person may serve on a company a demand relating to. Delaware corporation and business entity laws division. The corporations act and its regulations are available on the serviceontario elaws web site at. This act may be cited as the florida not for profit corporation act. Consolidated versions currency start currency end suffix download compare statutory corporations liability of directors act 1996.
Statutory corporations act ghanalegal legal portal for. Table of contents chapter 3 purposes and powers chapter 4. If you are a creditor of a debtor company, and the company is unable to pay its debts when they become due and payable, then you can serve the. Statutory agent this must match exactly the name as listed on the document appointing the statutory agent, e. Guide to interpreting nsw legislation 2 topic interpretive provisions amendment and repeal amend an act or instrument includes alter and vary sec 21 1.
Chapter 77 voluntary alternative dispute resolution. State corporations act issue 1 s17 7 be exercised only with the consent of the minister and subject to such limitations and conditions as may be imposed by the treasury with respect to state corporations generally or specifically with respect to a particular state corporation. Corporations legislation does not apply to matters declared by state or territory law to be an excluded matter 5g. Limitation of period to incorporate close corporations or convert companies 3. Application of act to qualified existing foreign corporation, see 17. Another early statutory corporation was the irish land commission established by the land law ireland act 188112 which also did not expressly provide for. The act has a number of independent statutory officers, as well as authorities and corporations collectively, entities, which provide services to the territory. Statutory corporations pensionable officers retiring age limit act an act to provide for the retiring age of officers of statutory corporations subject to extension from year to year by the relevant authority. Transparency and accountability of close corporations 6. Of 2016 an act apply the provisions of this act to statutory corporations for the purpose of utilizing the available administrative, professional and technical resources within statutory corporations in a more useful and efficient manner. An act to make provision in relation to corporations and financial products and services, and for other purposes. Statutory corporations are body corporates formed by a special act of parliament or by the central or state legislature. Contents government owned corporations act 1993 page 4 71 appointment of gocs first senior executives.
Corporations act 2001 sect 127 execution of documents including deeds by the company itself 1 a company may execute a document without using a common seal if the document is signed by. Statutory corporations liability of directors act amendment regulations 2004. Part 1 interpretation and application definitions 1 in this act. In the matter of the corporations act, and of we, of and of do solemnly declare that we are respectively and of and that the particulars set forth in name of company the foregoing statement of the company pursuant to part xxii of the corporations act are true.
Statutory corporations liability of directors act amendment regulations 2014. The repeal or amendment of a repealing act or statutory rule does not revive the repealed act or statutory rule sec 28. An act to provide further by extending section 2 of the statutory corporations financial provisions act 1974 for compensating certain nationalised industries for their losses due to price restraint. Enacted by the parliament of antigua and barbuda as follows. Corporations act 2001 federal register of legislation. In australia, statutory corporations are a type of statutory authority created by acts of state or federal parliaments a statutory corporation is defined in the government glossary as a statutory body that is a body corporate, including an entity created under section 87 of the pgpa act i. List of australian government bodies and governance relationships pdf. This act shall be liberally construed and applied to promote its underlying purposes and. Accounts of public corporations which the government is the sole shareholder.
Statutory financial statements to give true and fair view. How to draft a statutory demand form 509h stonegate legal. What is statutory company or statutory corporation. Versions of this act includes consolidations, reprints and as passed versions. Consolidated version currency start currency end suffix download.
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