INFO 63
Replaceable rules outlined
This is Information Sheet 63 (INFO 63). Replaceable rules are in the Corporations Act and are a basic guide for managing your company.
In plain English
INFO 63 explains replaceable rules. These rules are a basic guide for managing your company.
INFO 63 applies to companies registered in Australia. It outlines replaceable rules found in the Corporations Act. These rules cover company management and member rights. They provide a default framework if a company doesn't create its own constitution. ASIC published this guidance.
Why it matters
Understand replaceable rules to ensure your company operates legally. They provide a baseline for governance. Review them to see if they suit your business needs.
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/registering-a-company/steps-to-register-a-company/constitution-and-replaceable-rules/replaceable-rules-outlined/. Rules Mate indexes + summarises; always verify against the regulator's live publication.