Submission to Treasury’s consultation: Making permanent reforms in respect of virtual meetings and electronic document execution
02 Nov 2020
IAG welcomes the opportunity to comment on the Corporations Amendment (Virtual Meetings and Electronic Communications) Bill 2020 (Exposure Draft) and explanatory materials (Explanatory Materials) to the Exposure Draft.
IAG’s interest in the Exposure Draft is driven by our large, predominantly retail shareholder register. As at 7 July 2020, IAG had a total of 643,871 ordinary shareholders.
IAG supports reform that seeks to maintain a balance between the need to facilitate shareholder participation against the need to manage the associated costs to companies.