Section 51(xx) Of The Constitution Of Australia
Section 51(xx) of the Australian Constitution, is a subsection of Section 51 of the Australian Constitution that gives the Commonwealth Parliament the right to legislate with respect to "foreign corporations, and trading or financial corporations formed within the limits of the Commonwealth". This power has become known as "the corporations power".
Read more about Section 51(xx) Of The Constitution Of Australia: Jurisprudence To 1971, Corporations Subject To The Power, Characteristics of Trading and Financial Corporations
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