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Content Type:
Policy Submission
22 Dec 2009
AICD argues in this submission that the proposed guide has a useful educative purpose but that its limitations should be clearly acknowledged including that it does not represent the law or judicial interpretation. The guide fails to acknowledge at a number of levels the difference between the roles...
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Content Type:
Policy Submission
22 Dec 2009
In this submission, AICD argues that there is sufficient regulation to curb phoenix activity such as the trading while insolvent provisions in the Corporations Law. There are also ASIC schemes like the Assetless Administration Fund that permit investigations and reports by liquidators that may ident...
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Content Type:
Policy Submission
07 Dec 2009
In this letter, AICD, Business Council of Australia, Australian Bankers Association and Law Council request the Prime Minister to ensure that the model law is applied in each state and territory so harmonisation is achieved. As drafted, the Model Law gives jurisdictions discretion on significant leg...
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Content Type:
Policy Submission
24 Nov 2009
On 24 November 2009, AICD provided a submission in response to the Productivity Commission’s draft research report into the Contribution of the Not-for-Profit Sector. The submission strongly supported the recommendation made by the Commission that Australian governments should support and promote tr...
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Content Type:
Policy Submission
06 Nov 2009
AICD has made a submission to Safe Work Australia in relation to the Safe Work Act 2009 (Model Safe Work Provisions). AICD supports stringent OH&S laws with appropriate penalties and welcomes a number of aspects of the new provisions. In this submission AICD comments on 3 matters of concern - th...
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Content Type:
Policy Submission
12 Jun 2009
AICD welcomes the opportunity to participate in the National Human Rights Consultation. The protection and promotion of human rights is a question of national importance for all Australians. We have focussed our comments on those matters relating to directors including the personal liability of dire...
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Content Type:
Policy Submission
02 Jun 2009
PPFs are a form of ancillary trust fund designed to encourage private philanthropy by providing private groups, such as businesses, families and individuals with greater flexibility to start their own trust funds for philanthropic purposes. AICD is concerned that provisions in the Exposure Draft wil...
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Content Type:
Policy Submission
29 May 2009
On 29 May 2009 AICD lodged a submission with the Productivity Commission in response to the Commission's Issues Paper titled "Regulation of Director and Executive Remuneration in Australia" (issued April 2009). The 70 page submission covers many different aspects of NED and Executive Remuneration, i...
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Content Type:
Policy Submission
08 Apr 2009
This submission provides some comments from AICD to the Senate Select Committee on Climate Policy.
Under copy of this letter AICD sent its submission to the Department of Climate Change on the Carbon Pollution Reduction Scheme legislation (CPRS)on 8th April 2009 emphasizing the impact of the CPR...
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Content Type:
Policy Submission
08 Apr 2009
This submission provides some comments from AICD to the Department of Climate Change on its Carbon Pollution Reduction Scheme legislation.
As the peak organisation for directors and corporate governance, our submission deals only with the liability of officers of companies under Part 20 - liabil...
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Content Type:
Policy Submission
02 Mar 2009
Letter to the Chairman, Federal Opposition Policy Review outlining our higher policy priorities which includes:1. Process of policy development and legislative/regulatory reform2. Remuneration3. Directors Liability4 .Directing in difficult times5. Market integrity6. Shareholder engagement7. Environm...
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Content Type:
Policy Submission
01 Oct 2008
In this submission to CAMAC on the discussion paper on members schemes of arrangement we highlight the issues which are of particular significance to directors. These include:
Section 3.3 - liability and defences for disclosure breaches. Information supplied in an exemplary state...
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Content Type:
Policy Submission
14 Jul 2008
AICD's answers to the specific questions posed by the review (see submission below) are underpinned by the following key principles:
laws should be uniform
mutuality of obligation between employers and employees
burden of proof should not be reversed
...
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Content Type:
Policy Submission
08 Jun 2007
Submission to Treasury reviewing sanctions for directors in corporate law. The submission covers responsive regulation and responsible risk taking, criminal, civil and administrative sanctions and better defining the contravention.
Review Of Sanctions In Corporate Law
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Content Type:
Policy Submission
25 May 2007
Submission to Treasury on the Insider Trading position and consultation paper.
InsiderTrading
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Content Type:
Policy Submission
13 Apr 2007
AICD have made comments on three areas raised in the Takeovers Panel's issues paper, Insider participation in control transactions , addressing potential conflicts of interest and provision of information to potential rival bidders. A common thread to our views is that prescriptive rules are not app...
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Content Type:
Policy Submission
14 Dec 2006
Letter to Tony Abbott, Minister for Health and Ageing, regarding the Private Health Insurance Bill 2006. Our chief concern is that the Bill alters the basicpremise of business in Australia by proposing that directors owe their duties to shareholders or the public rather than the corporation. It also...
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Content Type:
Policy Submission
12 Dec 2006
Letter to WorkCover on the recent statutory review of the Occupational Health and Safety Act 2000 Letter Stein Inquiry review of NSW OHS ActA copy of AICD's submission dated 14 July, 2006 and 2 September 2005 were included with this letter. The submissions can be found in the 2006 submissions.
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Content Type:
Policy Submission
03 Nov 2006
The Private Health Insurance Bill 2006 proposes changes which try to radically alter traditional concepts and limitations of corporate liability. The provisions of the Bill are materially inconsistent with the recommendations from CAMAC regarding personal liability for corporate fault by seeking to ...
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Content Type:
Policy Submission
14 Jul 2006
AICD made a submission in September 2005 on this topic. A number of our key recommendations were not supported. In this submission, AICD strongly believes that those recommendations provide for significant improvements to the OHS Act 2005 that should be implemented. Our further recommended changes a...