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International Law

: Australian Regulatory Compliance Review

Disqualification in Australia of banned foreign directors

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The Corporations Amendment (No 1) Bill 2008 has been passed by Parliament. The amendments will ensure that individuals who are disqualified from managing companies in foreign countries will also be disqualified in Australia.

The legislation will, in the first instance, operate only in relation to banned company directors from New Zealand, although other jurisdictions may be added in the future.

Full post as published by Australian Regulatory Compliance Review on February 12, 2009 (boomark / email).

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