Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) At the conversion time, ASIC is taken to have registered ADC under section 601BD of the Corporations Act 2001 :
(a) as a company limited by guarantee; and
(b) with the name "Dairy Australia Limited".
Note: The effect of registration of ADC under the Corporations Act 2001 is not to create a new legal entity: see section 601BM of that Act.
(2) ASIC must issue a certificate and ACN under section 601BD of the Corporations Act 2001 in respect of the registration. The date of registration is to be the day on which the conversion time occurred.