Corporations Bills 2001

Legislation Committee (2001 - 2005)· 19 June 2001general_report

This WA parliamentary committee report examines four Corporations Bills from 2001 related to transferring power to the Commonwealth. It discusses the background to the corporations law, relevant case law, and the inter-governmental agreement. The committee expresses concerns about the erosion of state power and recommends the adoption of the bills with some reservations.

Impact

Businesses and corporations in Western Australia, as well as the WA Parliament, will be affected by the changes to corporations law and the shift of power to the Commonwealth.

financepublic_sectorothercorporations lawcommonwealth powersinter-governmental agreementconstitutional validitystate referralnational schemeASICWakimHughesMINCOsection 109termination clause

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