09/03/2017
Welcome to the latest update from Gilbert + Tobin's Corporate Advisory team. The update provides a summary of key recent legal developments, particularly relevant to in-house counsel.
In this issue, you will find:
Legislation and proposed legislation
- Government consults on measures to increase transparency of beneficial ownership of companies
- Government consults on exposure draft legislation to implement an ASIC industry funding model
- State Economics Legislation Committee tables its report on the Competition and Consumer Amendment (Misuse of Market Power) Bill 2016
- Government signals potential review of section 631(2)(b) of the Corporations Act relating to the ability to fund a takeover bid once publicly proposed
- Government consults on water entitlement registration rules
Tax
- Stapled structures under the spotlight
- Foreign resident CGT withholding tax and public market transactions
- Bills to combat multinational tax introduced
Other
- Government releases Carnell report into banking practices
Other G+T publications
- Mandatory data breach reporting arrives in Australia
Cases
- Clarification of the meaning of ‘managerial or executive office’ for the purposes of the termination payments regime: Nichol v Discovery Africa Limited [2016] FCAFC 182
Expertise Area
![""](https://cdn.bfldr.com/FM3YDCO2/at/25h5bt5s3q58jq2w4kh9crr7/SmartCounsel-Home-Page-Carousel.png?auto=webp&format=png)
Visit Smart Counsel
Subscribe to receive our latest articles and insights.