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Agency agreements – what are they and how are they used?
Understand the legal differences between an Agency and Reseller Relationship and the potential consequences of negligence and non-compliance. Get an overview of the responsibilities of both the Agent and Principal, and learn how an agency agreement differs from a resellers agreement. Click through to get the full picture.
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ACCC guide on country of origin labelling requirements
The Australian Competition and Consumer Commission has released guidelines for businesses to comply with country of origin legislation and avoid serious penalties. Learn more about the safe harbour defence available and the criteria businesses must meet to stay compliant.
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Prohibition on the acquisition of relevant interests
Section 606 of the Corporations Act 2001 (Cth) prohibits acquiring a relevant interest in voting shares, with exceptions. This article explains the definitions and thresholds that apply, provides a full list of exceptions, relevant case studies, and further resources for legal advice.
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Transfer Duty in business acquisitions
This article explores the application of transfer duty in business acquisitions, including what it is, what is a dutiable transaction, dutiable property, dutiable value, unencumbered value, when it is determined, and who must pay.
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Changes to the Privacy Act commence today!
Changes to the Privacy Act 1988 (Cth) included the introduction of thirteen Australian Privacy Principles (App’s). Learn more about potential civil penalty orders if you are a business with a turnover of over 3 million or more, a health care provider or a business that trades in personal information.
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Are your privacy practices up to date with the amended Privacy Act 1988 (Cth)?
Organisations must act ensure compliance with the Privacy Act 1988 (Cth) reforms. Learn more about the thirteen new Australian Privacy Principles (APP’s) the penalties for non-compliance, and the steps you can take to protect your business.
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The GST going concern exemption explained
When selling a business in Australia, it’s important to know the going concern exemption to goods and services tax (GST). Learn more about the applicable threshold requirements and legislative references.
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Drag along rights can be enforced in Court
This article examines a 2013 case, William McCausland v Surfing Hardware International Holdings Pty Ltd [2013] NSWSC 902, which serves as a reminder of the enforceability of drag along clauses in shareholders agreements and the complexity of factors that can affect the legal position of the parties involved.
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Redeemable preference shares – what to know
This article discusses the rights, obligations and taxation implications of Redeemable Preference Shares (REDP), hybrid securities with both debt and equity characteristics as defined by the Australian Securities and Investments Commission (ASIC). Case law examples and the process for issuing REDP according to the Corporations Act 2001 (Cth) are also discussed.
Commercial law
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