200009 Lecture Notes - Lecture 1: Foreign Corporation
Document Summary
S51 of the constitution powers of parliament". The parliament shall, subject to this constitution, have power to make laws for the peace, order, and good government of the commonwealth with respect to: (i) (ii) (iii) (iv) (v) (vi) (vii) Interstate trade and commerce power- trade and commerce with other countries, and among the states; Taxation power- taxation; but so as not to discriminate between states or parts of states. Tariffs power- bounties on the production or export of goods, but so bounties shall be uniform throughout the commonwealth. Commonwealth loan power- borrowing money on the public credit of the commonwealth. Communication services- postal, telegraphic, telephonic and other like services. Defence power- the naval and military defence of the commonwealth and of the several states, and the control of the forces to execute and maintain the laws of the commonwealth. Sea observation power- lighthouses, lightships, beacons and buoys (viii) astronomy observation power- astronomical and (ix) (x) meteorological observations.