Special Purpose Company Constitution

WHAT’S IT FOR?

If you want to convert your existing PTY LTD company to a special purpose company, it is important to have a Special Purpose Company Constitution in place. A Special Purpose Company Constitution is a governing document that requires the company to apply its income in promoting charitable purposes, prohibit distributions to its members and paying fees to its directors, and to make its directors approve all other payments the company makes to them.

WHAT’S INCLUDED?

We will prepare a Special Purpose Company Constitution in accordance with your requirements.

This package includes:

• Preparing a constitution with your company’s charitable purpose
• Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal questions you need to know and answer your questions about the document

Please note that this package does not include the actual lodgement of the applicable ASIC form or application, which you will be required to lodge with ASIC yourself. If you would like assistance with this, please let our team know and they can provide further information.