Article Of Association Form Template for Australia

The Article of Association Form is a mandatory document required for company incorporation in Australia under the Corporations Act 2001. It serves as the company's constitution, defining the relationship between shareholders, directors, and the company itself. This document is essential when establishing a new company or modifying an existing company's constitutional framework. Articles of Association detail critical aspects such as share rights, transfer procedures, director powers, meeting protocols, and dividend policies. The document must comply with Australian corporate law requirements while being adaptable to specific business needs. It forms part of the company's constitutional documents and is typically filed with ASIC during incorporation or when amendments are made.

1. Company Name and Type: Specifies the company name and type (e.g., company limited by shares)

2. Interpretation: Defines key terms used throughout the Articles and rules for interpreting the document

3. Share Capital and Variation of Rights: Details the company's share capital structure and procedures for varying share class rights

4. Shares: Provisions regarding share issuance, transfer, and dealing with share certificates

5. Lien: Company's rights over shares where money is owed to the company

6. Calls on Shares: Procedures for making calls on partly paid shares

7. Transfer of Shares: Rules and procedures for transferring shares between parties

8. Transmission of Shares: Provisions for dealing with shares upon death or bankruptcy of a shareholder

9. General Meetings: Rules for calling and conducting shareholder meetings

10. Proceedings at General Meetings: Procedures for conducting meetings, voting, and proxies

11. Directors: Appointment, removal, and powers of directors

12. Powers and Duties of Directors: Scope of directors' authority and responsibilities

13. Proceedings of Directors: Rules for board meetings and decision-making

14. Secretary: Appointment and role of the company secretary

15. Seals: Rules regarding the use of company seals

16. Dividends and Reserves: Procedures for declaring and paying dividends

17. Notices: Rules for giving notices to shareholders and directors

18. Winding Up: Procedures for company dissolution and asset distribution

19. Indemnity: Protection of officers and directors from liability