Question
1. Which of the following requirements does not need to be satisfied in order to convert a proprietary company into a public company under Corporations
1. Which of the following requirements does not need to be satisfied in order to convert a proprietary company into a public company under Corporations Act 2001 (Cth) Part 2B.7?
a. The Australian Securities Exchange Limited (ASX) must approve the change of type of company.
b. The Australian Securities and Investments Commission (ASIC) must alter the details of the companys registration to reflect the change of type.
c. At least 75% of the members who vote on the resolution must support the change of type of company.
d. The company must provide certain information to ASIC.
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Internal Quality Auditing
Authors: Denis Pronovost
1st Edition
0873894766, 9780873894760
