Category: commercial law
Terms and conditions
THE IMPORTANCE OF TERMS AND CONDITIONS OF TRADE: A GUIDE FOR BUSINESSES Terms and conditions of trade (“T&Cs”) set out the rights and responsibilities of all the parties involved in a business transaction. They dictate the conditions upon which a customer will be bound when dealing with a business supplying goods and services. T&Cs ensure…
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- commercial law
Director Identification Numbers
Company directors required to sign up for director identification numbers under new anti-phoenixing scheme Australian company directors must sign up to a new director identification scheme designed to tackle illegal phoenixing activity under new laws unveiled by the Federal Government in October 2018. The long-awaited director identification numbers (DIN) draft legislation has been released by Treasury,…
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- commercial law
SMSF is able to buy your business premises
Your self managed super fund (SMSF) is able to buy your business premises, and then lease the property to your entity that conducts your business. This article is about how the SMSF leases the property to a related party. We do not discuss how the SMSF buys the property in this article. What you need…
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- commercial law
Breach of Director’s Duties
Many client’s seek our advice about director’s duties and corporate governance. Typically the issues we see range from director disagreements to more serious issues such as has a director breached their fiduciary and statutory director’s duties imposed on them by the Corporations Act 2001 or under the common law (judge made law) or some other document which…
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- commercial law