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Constitution
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Constitution
Practical Law ANZ Glossary w-001-4800
(Approx. 3 pages)
Glossary
Constitution
In relation to:
A company, the document setting out a company's internal management and corporate governance rules. A company registered under the
Corporations Act 2001
(Cth)
(
CA 2001
) may choose to adopt a constitution or rely on the
replaceable rules
. For more information and standard form constitutions, see
Practice note, Company constitutions
and
Standard documents
,
Constitution for a proprietary company limited by shares
and
Constitution for a public company listed on the ASX
. For more information and the relationship between the replaceable rules and constitution, see
Practice note, Replaceable Rules under the Corporations Act 2001 (Cth)
.
A
managed investment scheme
that is required to be registered under the
CA 2001
(a
registered scheme
), the registered scheme's constituent or governing document. For example, where the scheme is structured as a
unit trust
, the constitution will be a unit trust deed. For more information, see
Practice note, Registered schemes: constitution requirements
and for a standard form unit trust deed that can be used for a registered scheme, see
Standard document, Unit trust deed: registrable
.