INFO 47
Company shareholders
This is Information Sheet 47 (INFO 47). A member of a company is often called a shareholder.
In plain English
INFO 47 explains the roles and rights of company members, often referred to as shareholders.
INFO 47 from ASIC explains what a company member, or shareholder, is. It covers their rights and responsibilities. This applies to all companies registered with ASIC. It clarifies the terminology used when referring to company owners. The information sheet was last updated by ASIC.
Why it matters
Understanding shareholder terminology is important for company directors and officers. It ensures clear communication and proper governance within the company structure. This helps avoid misunderstandings about ownership and responsibilities.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/for-business/running-a-company/company-shareholders/. Rules Mate indexes + summarises; always verify against the regulator's live publication.