Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 317

Consideration of reports at AGM

The directors of a public company that is required to hold an AGM must lay before the AGM:

(a)
the financial report; and

(b)
the directors' report; and

(c)
the auditor's report;

for the last financial year that ended before the AGM.

Note 1: If the company's first AGM is held before the end of its first financial year, there will be no reports to lay before the meeting.

Note 2: A public company that has only 1 member is not required to hold an AGM (see section 250N).


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