Corporations Act

Views Updated: Dec 15, 2025

Abbreviation

Pronunciation

/ˌkɔrpərˈeɪʃənz ækt/

The new standards apply to all audits conducted under the Corporations Act(CA) audits as well as all audits undertaken by members of CPA Australia of Australian-based organisations such as sports groups and local schools as well as not-for-profit organisations such as community groups and charities.
The principal part of the state-owned investment industry ( the stated-owned investment corporations ) should act in line with the industry direction of the government; give expression to the affection of governmental investment and the industrial direction.
However, with corporations, every Act in order to be valid must be within its powers as specified in its document of incorporation.
When stock exchanges admit corporations to be listed and absorb securities traders as their members, corporations and securities traders act voluntarily and they are equal to the exchanges. The legal relationship that came into being in this process is civil legal relation in general.
As an individual act established by the law, corporations are the most common and active market act, in the market-oriented system.

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