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The mFund Settlement Service - coming soon
Insight 12 Feb 2014

The ASX has announced that it has now received regulatory clearance for its new mFund Settlement Service previously known as AQUA II and the ASX Managed Funds Service which it hopes will be launched before 30 June 2014 Once established the service will allow investors to transact electronically in ...

Can listed companies continue to claim tax deductions for contributions to employee share trusts?
Insight 21 Mar 2014

A recent draft tax ruling may make it more difficult for employers to claim tax deductions for contributions made to employee remuneration trusts However the ruling is expected to have limited practical application to listed companies making non-refundable contributions to traditional employee share ...

Civil penalties: are negotiated outcomes still negotiable?
Insight 12 Mar 2014

A recent decision of the High Court could intensify uncertainty about the legitimacy of resolving civil penalty proceedings by the regulator and the defendant approaching the court with an agreed penalty supported by an agreed statement of facts Partner Matthew McLennan and Lawyer Megan Sandler ...

Release of 3rd Edition Corporate Governance Principles and Recommendations
Insight 10 Apr 2014

The ASX Corporate Governance Council has released the 3rd edition of its Corporate Governance Principles and Recommendations Although the 3rd edition largely reflects the amendments proposed in the earlier consultation draft released in August 2013 a number of new amendments have been added that ...

Security of payment laws to come into force in NSW
Insight 11 Apr 2014

New amending security of payment legislation will soon come into force in NSW that will provide greater protection and certainty for subcontractors in the contracting chain Partner Leighton OBrien and Lawyers Will Coote and Jerome Entwisle look at what will change and the implications ...

We want our money back! Excess GST refund rules to change
Insight 04 Apr 2014

After two years three rounds of public consultation and one aborted attempt Federal Parliament looks likely to pass legislation amending the rules governing when the Australian Taxation Office is required to refund excess GST to a taxpayer ...

Property Occupations Act passed
Insight 07 May 2014

New legislation that deals with property transactions in Queensland will have major implications on the sale process of residential property and the licensing of agents Partner Alister Fitzgerald and Senior Associate Annabelle Aland report on the main changes ...

More (good) Queensland property law changes (inc. up to 20% deposits!!)
Insight 04 Jun 2014

Further amendments to existing property legislation that aims to streamline the sale of property particularly in respect of the sale of off-the-plan lots have been introduced into the Queensland Parliament These amendments will be of substantial benefit to developers Partner Alister Fitzgerald ...

What does 1 July 2014 mean under FoFA?
Insight 04 Jun 2014

For most people working in the financial services industry it would be unwise to let 1 July come and go without asking what will change In 2014 as in 2012 and 2013 1 July is a very significant date under FoFA the Future of Financial Advice ...

Does legal professional privilege apply to communications with third-party commercial advisers?
Insight 14 Aug 2014

Parties involved in large-scale commercial transactions with non-lawyer third-party advisers need to be aware that communications with these advisers will rarely be protected by legal professional privilege following a recent Federal Court decision ...

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