Why Anand Corporate Services is an option for corporates to take on an extra layer of protection

Updated March 28, 2018 07:45:53The Government is considering extending corporates’ options for extra protection to include the threat of corporates being sued for the deaths of employees.

In an interview with Fairfax Media, Corporal Bill Wylie, CEO of Anand Corporation, the corporate services arm of the Government, said the Government was considering the option of extending corporate protection to a level higher than the current regime of “corporation liability”.

“It would give a level of protection which would give an assurance to the public that they were not going to be held liable for the harm that they do,” Mr Wyl, a former Federal Commissioner of Corporations, said.

Mr Wyl said he did not want to make any comment on the Government’s proposal to change the law, but added: “If it is going to change this, we are going to go through that process.”

The Corporal Code, which is the Government policy, says that any claim of harm must be “proven”.

Mr Latham said there was “no doubt” the current rules were working well.

“What we have seen in the last two years is an increase in the number of complaints and there is an indication that we are seeing a decline in the rate of complaints,” he said.

Mr Lathors view is that the new laws will increase the chances of a claim of corporal liability being made.

“There are no doubt some concerns about the ability of a company to make a claim under these new laws, and the new legislation will provide a level playing field to ensure that a claim can be made,” Mr Latham told the ABC.

“I think the changes that have been made are very welcome.”

The changes that we have made are to give a bit of certainty, so that companies that are looking to make an investment can look at those options and make sure they have a fair chance.

The Government’s new laws are due to be announced in March.”

We have the corporate code, and those rules are in place and have been in place for quite some time, and we are still looking at the impact that this will have,” he added.

The Government’s new laws are due to be announced in March.

Topics:corporate-law,government-and-politics,business-economics-and–finance,law-crime-and‑justice,corporate,government,australiaContact Lisa PannellMore stories from New South Wales

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