The Corporations Legislation Amendment (Deregulatory and Other Measures) Act 2015 (‘The Act’) was passed by both houses of Parliament and received Royal Assent on 19 March 2015.
The Act effected minor changes to the Corporations Act 2001 in the following areas:
The Act also amended the Australian Securities and Investments Commissions Act 2001, however, this will not have any direct impact on companies.
Amendments relating to the remuneration report apply in relation to financial years ending on or after 19 March 2015. All other amendments commence on 19 March 2015.