Aussie Films Pty Ltd (Aussie Films) is a company incorporated in Australia. It agreed to produce...

 

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Aussie Films Pty Ltd (Aussie Films) is a company incorporated in Australia. It agreed to produce a film titled "Little Roo". The rights to that film is owned by USA Inc (an American company). Aussie Films has 3 directors (Ollie, James and Davina). Ollie owns 90% of the shares in Aussie Films and he is also a director and owner of USA Inc. James owns 10% of the shares in Aussie Films. USA Inc provided finance for the film and all the facilities required Aussie Films for the production. The production took place in India. Aussie Films sought to register the film as an Australian film in order to attract the subsidy available to Australian film makers. Subsidy is available only if the film is made by Aussie Films. Aussie Film's application for registration was refused on the grounds that "Little Roo" was not made by Aussie Films. Required: Based on your understanding of company law, explain: 1. grounds to support the argument that Aussie Films is the maker of the film; and 2. possible grounds that may exist to support the argument that Aussie Films is not the maker of the film. Aussie Films Pty Ltd (Aussie Films) is a company incorporated in Australia. It agreed to produce a film titled "Little Roo". The rights to that film is owned by USA Inc (an American company). Aussie Films has 3 directors (Ollie, James and Davina). Ollie owns 90% of the shares in Aussie Films and he is also a director and owner of USA Inc. James owns 10% of the shares in Aussie Films. USA Inc provided finance for the film and all the facilities required Aussie Films for the production. The production took place in India. Aussie Films sought to register the film as an Australian film in order to attract the subsidy available to Australian film makers. Subsidy is available only if the film is made by Aussie Films. Aussie Film's application for registration was refused on the grounds that "Little Roo" was not made by Aussie Films. Required: Based on your understanding of company law, explain: 1. grounds to support the argument that Aussie Films is the maker of the film; and 2. possible grounds that may exist to support the argument that Aussie Films is not the maker of the film.

Answer rating: 100% (QA)

1 Grounds to support the argument that Aussie Films is the maker of the film Aussie Films can argue ... View the full answer