Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 601CG

Local agent: how appointed

  (1)   A foreign company that lodges a memorandum of appointment, or a power of attorney, that is duly executed by or on behalf of the foreign company and states the name and address of a person who is:

  (a)   a natural person or a company; and

  (b)   resident in this jurisdiction; and

  (c)   authorised to accept on the foreign company's behalf service of process and notices;

is taken to appoint that person as a local agent.

  (2)   Where a memorandum of appointment, or a power of attorney, lodged under subsection   (1) is executed on the foreign company's behalf, the foreign company must, unless it has already done so, lodge a copy, verified in writing in the prescribed form to be a true copy, of the document authorising the execution.

  (3)   A copy lodged under subsection   (2) is taken for all purposes to be the original of the document.

  (4)   A foreign company that appoints a local agent must lodge a written statement that is in the prescribed form and is made by the local agent.

  (5)   A person whom a foreign company appoints as a local agent is a local agent of the foreign company until the person:

  (a)   ceases by virtue of section   601CH to be such a local agent; or

  (b)   dies or ceases to exist.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback