Commonwealth Numbered Regulations

BUSINESS NAMES REGISTRATION REGULATIONS 2011 (SLI NO 214 OF 2011) - REG 8

                For subsection 40 (4) of the Act, the following details are prescribed:

                (a)    the contact details of the notified successor;

               (b)    any alternative contact details provided by the notified successor;

                (c)    the way in which the notified successor is expected to inherit assets used by a deceased person in carrying on a business under the business name;

               (d)    the relationship of the notified successor to the deceased person;

                (e)    the date and place of birth of the notified successor if the notified successor is an entity that is an individual;

                (f)    the notified successor's ABN, if any.

Note    Subsection 40 (4) of the Act provides that ASIC may enter the name of an entity as a notified successor in relation to a business name, and other prescribed details, if the entity lodges a notice with ASIC in accordance with subsections 40 (1) and (2) of the Act.