THE CORPORATIONS LAW

CHAPTER 2G - MEETINGS

PART 2G.2 - MEETINGS OF MEMBERS OF COMPANIES

Division 8 - AGMs of public companies

SECTION 250N   PUBLIC COMPANY MUST HOLD AGM  

250N(1)  (After registration)  

A public company must hold an annual general meeting (AGM) within 18 months after its registration.

250N(2)  (When AGM must be held)  

A public company must hold an AGM at least once in each calendar year and within 5 months after the end of its financial year.

Note:

An AGM held to satisfy this subsection may also satisfy subsection (1).

250N(3)  (Other meetings)  

An AGM is to be held in addition to any other meetings held by a public company in the year.

Note 1:

The company's annual financial report, directors' report and auditor's report must be laid before the AGM (see section 317).

Note 2:

The rules in sections 249C-250M apply to an AGM.

250N(4)  (1 member company)  

A public company that has only 1 member is not required to hold an AGM under this section.




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