Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 250N

             (1)  A public company must hold an annual general meeting ( AGM ) within 18 months after its registration.

             (2)  A public company must hold an AGM at least once in each calendar year and within 5 months after the end of its financial year.

Note:          An AGM held to satisfy this subsection may also satisfy
subsection (1).

          (2A)  An offence based on subsection (1) or (2) is an offence of strict liability.

Note:          For strict liability , see section 6.1 of the Criminal Code .

             (3)  An AGM is to be held in addition to any other meetings held by a public company in the year.

Note 1:       The company's annual financial report, directors' report and auditor's report must be laid before the AGM (see section 317).

Note 2:       The rules in sections 249C‑ 250M apply to an AGM.

             (4)  A public company that has only 1 member is not required to hold an AGM under this section.