Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 345

Appointment of local agent
345. (1) A foreign company may at any time appoint a person as a local agent.

(2) The Commission shall not register a foreign company under this Division
unless the foreign company has at least one local agent in relation to whom
the foreign company has complied with section 346.

(3) Where:

   (a)  because a person ceased on a particular day to be a local agent of the
        foreign company, a registered foreign company has no local agent; and

   (b)  the foreign company carries on business, or has a place of business,
        in Australia; the foreign company shall, within 21 days after that
        day, appoint a person as a local agent. 


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