The following questions dealing with the legislative framework of the corporations legislation may best be answered by reading this chapter and considering the internet resources linked to the Understanding Company Law website at http://www.uclaw.com.au/resources/ and the Legislative Framework Pathway at http://www.uclaw.com.au/pathways/. 1 . Go to ASIC's website and look up its most recent Annual Report: [a] What were the main strategies and priorities implemented by ASIC during the year? [b] What are the corporate governance structures and practices of ASIC? In your answer consider matters such as how ASIC commissioners are appointed, how they carry out their responsibilities, the role of the audit committee and how the commissioners are monitored. [c] What were the main activities of ASIC during the year in relation to: financial education; D enforcement; and consumer protection? [d] List five examples of people successfully prosecuted by ASIC for criminal offences. Include the type of offence and the sentence imposed. [e] How many registered companies and business names as at 30 June 2014 are there in Australia? (f] How many investigations were commenced by ASIC and how many people were convicted during the year referred to in the Annual Report? [g) Give three examples of interventions by ASIC where it believed the law had been breached in relation to the operation of securities markets. 2. Outline some current areas of interest and concern to ASIC as indicated by recent speeches given by ASIC Commissioners and senior officers. Choose one of these speeches from the ASIC website (under Media Centre] and describe the issues raised in it. 3. Go to ASIC's Moneysmart website. How does ASIC deal with scams? Describe a scam that has come to ASIC's attention. 4. How can investors, creditors and others ascertain whether there have been changes to a company's documents lodged with ASIC? 5. Describe a recent matter that came before the Takeovers Panel and the decision of the Panel. Go to the Takeover Panel's website for information on this. 6. Select one of CAMAC's latest reports or discussion papers and briefly describe the main issues raised in it. Go to the CAMAC website for information on this