Second Reading Speeches

Corporations Amendment (Sons of Gwalia) Bill 2010

Type
Government
Portfolio
Financial Services, Superannuation and Corporate Law
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
42

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Summary

Amends the

Corporations Act 2001
to reverse the effect of the High Court decision in
Sons of Gwalia Ltd v Margaretic
(2007) 232 ALR 232, relating to the rights of persons bringing claims for damages in relation to shareholdings.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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