Corporate Law
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Budget changes alter Director's responsibilities
Posted by Michael O'BrienThe recent Federal Budget contains a number of new initiatives designed at clamping down on ‘phoenix activity’ while also giving the Australian Taxation Office extra powers to deal with employers’ failure to pay superannuation via an expansion of Director Penalty Notices (DPN). These changes are expected to be passed as part of the budget and will come into effect on 1 July 2011.
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Incorporated Associations access to information about members
Posted by Sandra McCollThe Associations Incorporation Act 1981 (Vic) governs the incorporation of not-for-profit clubs and societies. Every association incorporated under that Act must have Rules, and the Act provides a list of matters for which rules must cover. The Act also provides that an association or club may simply adopt the Model Rules prescribed in the regulations.
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