Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 - SECT 159

ASIC's power to include "Limited" in company's name

(1) ASIC may change a company's name so that it includes the word "Limited" by altering the details of the company's registration to reflect the change if:

(a)
the company contravenes any of the requirements or prohibitions in its constitution referred to in subsection 150(1); or

(b)
the company modifies its constitution to remove any of those requirements or prohibitions; or

(c)
ASIC revokes a licence referred to in section 151 that applies to the company.

(2) The change of name takes effect when ASIC alters the details of the company's registration.



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