Assignment
BULAW5915
Corporations
Law
Semester 1,
2015
The Business
School
Purpose
To
enable you to research and explore an aspect of corporate law governance and
regulation. It is important for you to have time to think through how to
structure and present arguments, and to review and discuss what the law is or
should be in a particular area. Whilst
discussion with others is encouraged, the
final piece of work must be your own.
The
Assignment will be marked out of 100 and is worth 35% of your total mark for
the BULAW5915 course.
Word Limit
2,300-2,500
(assignments exceeding the word limit may not be marked and may be returned to
the student for re-writing; assignments less than the required length will risk
not covering the topic adequately and may result in a fail). Do not include
synopsis, references or bibliography in the word count.
Note: All Federation
University Australia rules relating to referencing, citation and
acknowledgement must be complied with.
Due Date
Please consult your lecturer for the due date. Please
ensure you re-read the Course Description for details of the assignment
criteria.
Required –
Complete both Task A and Task B
Task A (55 marks)
Explain the intended purpose, or
role, of the Annual General Meeting (AGM), and discuss whether the AGM fulfils
that role. In your response consider challenges of shareholder engagement and
the impact and effectiveness of the ‘two strike rule’.
Support
your answer by reference to relevant cases and legislation.
Hint
You may
find it useful to read relevant chapters of the 2012 report by CAMAC
(Corporations and Markets Advisory Committee) addressing issues of the AGM and
shareholder engagement, and to consider similar publications.
Task B (45 marks)
In March 2015 the Senate considered –
and passed – the Corporations Legislation Amendment (Deregulatory and Other
Measures) Bill 2014 (Cth). If the Bill receives Royal Assent, what impact, if
any would there be on the ‘100 member rule’ and do you consider this to be a
positive or negative impact? Why?
Hint
Consider
s249Dof the Corporations Act
2001 (Cth).
Points to be included in the Assignment
TASK 1
Imp Point: an overview of
the question and about how a company is governed by directors and shareholders.
Give section from where
power (power of directors S198A and shareholders) comes from.
Section 198C also which
talks about directors duties. Than talk about AGM and their purpose.
Make sure the point are
explained in detail.
Mention the two strike rule.
TASK 2
Mention 100 member rule
