Question 1 - The company must give 21 days' notice of the meeting to change the corporate constitution.

True or false?Cite your sources

Question 2 - What are the legal restrictions on any changes to a corporate constitution? (there is a key case here that you must discuss)

Question 3 - Q1 You are Joan a new accounting financial advisor graduate and you work at CorpSolve. You are working on the accounts of Black Activists Pty Ltd.

Blackman is a Director of Black Activists and calls you and advises that Whiteman, (another Director) wants to

1Accepta donation of funding fromCIQ LTDa big mining company,

2Co-sponsor a photographic competition with CIQ'

3Exchange information with the State government Department in SA on preservation of habitat for the native animal the Bilby.

Here are the relevant parts of the objects clause of Black Activists Pty Ltd.

(a) To assist in and encourage the conservation and protection for mankind of nature in all its forms and the natural environment, including fauna flora, landscape, water, soils and other natural resources.

(e) To take such steps by personal or written appeals public meetings advertisements or otherwise as may from time to time be deemed expedient for the purposes of publicising and promoting the activities of the Company and of procuring contributions to the funds of the Company in the shape of donations, subscriptions, subsidies or otherwise.

(f) In furtherance of the objects of the Company, to hold or arrange competitions and provide or contribute towards the provision of prizes awards and distinctions in connection therewith, provided that no member of the Company shall receive any prize, award or distinction in monetary value except as a successful competitor at any competition held or promoted by the Company or as reimbursement of the cost of the holding or promotion of which the Company may have subscribed out of its income or property and which under the regulations affecting the said competition may be awarded to him.

(g) To administer and disburse funds or other property of the Company and provide other assistance in furtherance of the objects of the Company

To co-operate, exchange information, enter into agreements and act in consultation with scientific, technical, conservation and other organisations in Australia and elsewhere whose objects are altogether or in part similar to those of the Company.

Explain the legal issues for each question for each.