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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...
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Content Type:
Policy Submission
09 Sep 2005
This combined industry submission is in response to the NSW Government's dissemination of the Consultation Draft of the Protection of the Environment Operations Amendment Bill 2005. The submission argues that the 'no knowledge' defence applicable to directors should not be removed from the Protectio...
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Content Type:
Policy Submission
02 Sep 2005
AICD's submission raises concerns and discusses issues associated with the right of appeal, the new workplace deaths offence, the nature of defences, the Code of Practice for directors and managers, proper scope of inquiry by an inspector, service of the Prosecution's brief of evidence on the accuse...
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Content Type:
Policy Submission
26 Aug 2005
The AICD supports the extension of the duties of care and diligence and good faith in the Corporations Act 2001 (CA) sections 180(1) and 181(1) to a person who takes part, or is concerned in, the management of a corporation. The AICD acknowledges, indeed urges, that it is almost certainly impossible...
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Content Type:
Policy Submission
12 Aug 2005
The CAMAC Discussion Paper reviews a range of Commonwealth, State and Territory law that impose derivative liability and puts forward for discussion possible model provisions to balance the public interest goals of the legislation and the rights of affected individuals. Derivative liability is where...
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Content Type:
Policy Submission
20 May 2005
The Hon. John Della Bosca, MLCSpecial Minister for StateLevel 30Governor Macquarie Tower1 Farrer PlaceSydney NSW 2000
Dear Minister,
Occupational Health and Safety (Workplace Fatalities) Bill 2005 – Revised Bill
Thank you for arranging for us to meet with ...
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Content Type:
Policy Submission
23 Nov 2004
AICD is strongly committed to workplace safety and supports strong and effective laws with appropriate heavy fines and sanctions. We write to register our grave concern at the Government’s recent seemingly precipitous step to introduce the Occupational Health and Safety Bill into Parliament on 17 No...
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Content Type:
Policy Submission
12 Nov 2004
Combined Employer Group Submission "We understand & share community concern about workplace fatalities. We support ;your intention of applying the full force of the law against "rogue employers" who recklessly endanger the lives of their employees.'
Combined Employer Group Su...
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Content Type:
Policy Submission
09 Nov 2004
The AICD is most concerned with the existing regime and this consultation draft bill only exacerbates our concerns. The brevity of the consultation period considering the importance of this issue is also of great concern. The AICD, like all in the community, is most anxious that this issue is addres...
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Content Type:
Policy Submission
18 Jun 2004
AICD strongly supports the stated policy objectives of the Bill set out in the Explanatory Memorandum, namely, to address the issue of high income professionals using bankruptcy as a means of avoiding their taxation and other obligations. AICD also supports solutions aimed at addressing the identifi...
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Content Type:
Policy Submission
31 May 2004
Submission to The Department of Treasury on CLERP (Audit Reform and Corporate Disclosure) Bill 2003 Draft Due Diligence Defence.
31 May 2004
Ms Ruth SmithManagerMarket Integrity UnitDepartment of TreasuryLangdon CrescentParks ACT 2600
Dear Ms Smith,
CLERP (Audit...
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Content Type:
Policy Submission
14 Oct 2003
N OHS Strategic Plan 2002-05
N OHS Strategy Chart
Submission Vic OHS Review
14 October 2003
The SecretariatOccupational Health and Safety Act ReviewLevel 26 222 Exhibition StreetMelbourne Vic 3000
Dear ...