This section relates to the laws on how entities, including companies, incorporated societies, building societies and limited partnerships, are created, administered and wound up.
In this section
This page sets out background information on the review of the Incorporated Societies Act 1908 and the enactment of the Incorporated Societies Act 2022.
We are working with the Parliamentary Counsel Office (PCO) to revise Acts and make them more accessible, readable and easier to understand.
A review of the financial reporting framework led to the Financial Reporting Act 2013 which sets reporting requirements for businesses and registered charities.
The Insolvency Review Working Group was a panel of experts set up in November 2015 to examine aspects of corporate insolvency law.
The corporate governance system provides the legal infrastructure for the operation of businesses, not-for-profit entities and civil society organisations.
The Takeovers Code aims to ensure transparency and equitable processes for control-change transactions in the shares of companies it covers.
This section covers historic reform of legislation supporting the integrity of the corporate system.
The Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021 makes climate-related disclosures mandatory for some organisations. The requirement will apply to large publicly listed companies and large insurers, banks, non-bank deposit takers and investment managers.
The Business Payment Practices Act 2023 will bring greater transparency to business-to-business payments. Large organisations will be required to collect data on how long they take to pay their bills and disclose this information on a new public register.