Replaceable rules or constitution?
Every company must have rules that govern how it operates. The Corporations Act 2001 provides a basic set of rules for the internal management of a company. These are known as replaceable rules.
If you would like to make up your own rules or vary any of the replaceable rules, you will need to adopt a constitution. Superannuation companies must have a constitution.
ABNAustralia.com.au provides as standard a company constitution with every company registration ordered online. This approach is industry standard, and our constitution has been specially drafted to provide suitable flexibility with regards to share structures and corporate governance.