Question

Who administers the Corporations Act (2001)

a) ASIC (Australian Securities and Investments Commission)
b) ATO (Australian Taxation Office)
c) ACCC (Australian Competition and Consumer Commission)
d) RBA (Reserve Bank of Australia)

Answer 1

The Australian Securities and Investments Commission (ASIC) administers the Corporations Act (2001) in Australia.

a) ASIC (Australian Securities and Investments Commission)

Step-by-step explanation:

The Corporations Act (2001) in Australia is administered by the Australian Securities and Investments Commission (ASIC). ASIC is the regulatory agency responsible for ensuring the proper functioning and regulation of corporations, financial markets, and financial services in Australia. It oversees compliance with the Corporations Act, which sets out the rules and regulations governing companies and their operations.