Corporation Act

The Corporation Act is a law that governs how companies operate in Australia. It sets out the rules for forming, running, and dissolving corporations, including the responsibilities of directors and the rights of shareholders. The Act ensures transparency, accountability, and fairness in corporate activities. It covers important topics like financial reporting, corporate governance, and employee rights, helping to protect both investors and the public. Overall, it plays a crucial role in maintaining trust in the business environment by providing a legal framework for corporate behavior.