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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 373
Name of intended Division 1 company
373. (1) A person may lodge an application to reserve a specified name in
respect of an intended Division 1 company.
(2) If the name is available to the company, the Commission shall reserve it
in respect of the company for 2 months after the date of lodgment of the
application.
(3) Where:
(a) a name is reserved under this section in respect of a company; and
(b) the Commission registers the company by that name under Division 1 of
Part 2.2; the Commission shall register the name in respect of the
company and, where the Commission does so, the name is no longer
reserved in respect of the company.
(4) Where:
(a) a name is reserved under this section in respect of a company; and
(b) the person who applied for the reservation informs the Commission in
writing that the person no longer wishes the name to be reserved in
respect of the company; the Commission shall cancel the reservation.
(5) The reservation of a name under this section in respect of a company does
not of itself entitle the company to be registered by that name under Division
1 of Part 2.2.
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