This unit describes the performance outcomes, skills and knowledge required to apply legal principles in corporation and trusts law matters.
This unit meets the Australian Tax Practitioners Board (TPB) educational requirements for Tax Agent registration and or renewal of registration
This course in Commercial law for tax agents covering the following key areas:
ØAbout Companies and Company Law,
ØLegal nature of companies and Business structures (companies, partnerships, sole trader, trust, joint venture, etc.),
ØConstituting companies and Managing companies,
ØMembers - meetings and decision making,
ØRestrictions on members decision making and Company directors and other officers,
ØDirectors duties,
ØConsequences of breach of duty and Members remedies,
ØReporting and disclosure and Financing companies,
ØShares and shareholding,
ØSecurities and takeovers and Financial services and markets,
ØTransacting by companies,
ØExternal administration and winding up, and
ØTrust Law
ØI