Prepare Corporations Act papers for a share issue, buy-back or capital reduction
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Draft resolutions, notices of meeting and an approvals checklist from the term sheet, constitution and cap table; flag missing Corporations Act consents and, if listed, ASX Listing Rules 7.1, 7.3 and 10.11.
- What the lawyer must review
- Confirm the power: s 254A (issues), s 257A (buy-backs), s 256B (reductions)
- Confirm any s 208 related-party benefit approval
- Confirm notice periods and ASX Listing Rules 7.1, 7.3 and 10.11
- Check Chapter 6D disclosure documents
- Flag stamp duty and CGT
- Written for / version
- Commonwealth versionCth
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording and identifying points for review. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Calculate operative dates independently from the current rule and actual triggering event. Check exceptions and record the verified deadline.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.