For NYANYA only - LAW

b. The internal  management of the company is to be governed by a combination of replaceable rules and a constitution -  NB Sections 134 and 135

c. The company is to have a class of ordinary shares and a class of redeemable preference shares NB Sections 254a (2 )and (3)

Part 2

Explain why the following sections are in the Corporations Act 2001. You are required to explain the historical back ground and reason for their inclusion in the Corporations Act 2001.

Do not just copy the sections as your answer. Answer it in your own words

(1) Section 198A -   word limit 200 words

(2) Section 191 -   word limit 200 words

(3) Section 250R (2) & (3) - word limit 200 words