Joint submission on Treasury Laws Amendment (Measures for Consultation) Bill 2021: Use of technology for meetings and related amendments
The major accounting bodies see proposals as a step towards modernising the Act and making it adaptable to technological change.
On 10 September 2021, CA ANZ and CPA Australia provided feedback to Treasury on the Exposure draft legislation and explanatory memorandum on the use of technology for meetings and related amendments.
In our submission we reiterated issues raised in our previous submission to Treasury which included the consideration of an overarching framework extending the ability to provide meeting-related documents electronically to the Insolvency Practice Rules (Corporation) 2016, as well as the company tax residence definition under current Australian income tax law.
We also highlighted issues with giving documents electronically and extending electronic execution of documents to other areas of statutory communications.
Joint submission on the use to technology for meetings and related amendments
CA ANZ and CPA Australia provides feedback on Treasury’s consultation on the use of technology for meetings and related amendments.
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