TASIn ForceAct
Electricity Companies Act 1997
6Principal objectives of company
Start here
Get a plain-English read of 6
Turn the raw legal text into a practical explanation grounded in Electricity Companies Act 1997.
6 Principal objectives of company
The principal objectives of a company on its incorporation are –
(a) to operate its activities in accordance with sound commercial practice; and
(b) to maximise its sustainable return to its shareholders.