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The MEMORANDUM and ARTICLES of ASSOCIATIONThe Gemmological Association of Australia A.C.N. 000 106 061THESE MEMORANDUM AND ARTICLES OF ASSOCIATION. ARE AVAILABLE TO ALL STATE ASSOCIATION MEMBERS UPON
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Start by stating the name of the company and its purpose.
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Include the registered address of the company.
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Specify the liability of the members, whether they have limited liability or unlimited liability.
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Outline the share capital of the company, including the number of shares and their value.
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Detail the rights and restrictions associated with the company's shares.
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Include provisions regarding the appointment and removal of directors.
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Outline the procedures for holding meetings and voting on company matters.
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Specify how the company's accounts and financial records will be maintained.
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The memorandum and articles of association are legal documents that outline the constitution and governance of a company. The memorandum includes fundamental information about the company, such as its name, objectives, and share capital, while the articles detail the rules governing the internal management of the company.
The promoters or founders of a company are required to file the memorandum and articles of association with the relevant regulatory authority when forming a new company.
To fill out the memorandum and articles of association, one must provide information such as the company name, registered office address, purpose of the company, share structure, and the rules regarding meetings and governance in the articles. It is advisable to follow a standard template and seek legal advice if needed.
The purpose of the memorandum and articles of association is to set forth the framework within which the company will operate, define the scope of its activities, and outline the rights and responsibilities of its members and directors.
The memorandum must report the company's name, objectives, registered office address, and details of the company's share capital. The articles must report the rules and regulations for the governance of the company, including the conduct of meetings and the roles of directors.
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