Commonwealth Consolidated Acts

BUSINESS NAMES REGISTRATION ACT 2011 - SECT 46

  (1)   ASIC must cancel the registration of a business name to an entity if:

  (a)   the name contains a word or expression that, under an instrument made under paragraph   28(1)(b) or subsection   28(2), is restricted unless a condition is satisfied; and

  (b)   the entity ceases to satisfy the condition.

  (2)   ASIC must, at least 28 days before cancelling the registration, give notice in writing to the entity informing the entity that:

  (a)   ASIC has formed the view that the entity ceases to satisfy the condition; and

  (b)   ASIC proposes to cancel the registration of the business name on that basis.