Commonwealth Repealed Acts

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

This legislation has been repealed.

CORPORATIONS LAW- SECT 147

When a name is available

 

Name is available unless identical or unacceptable

(1)
A name is available to a company unless the name is:

(a)
identical (under rules set out in the regulations) to a name that is reserved or registered under this Law for another body; or
(b)
identical (under rules set out in the regulations) to a name that is included on the national business names register in respect of another individual or body who is not the person applying to have the name; or
(c)
unacceptable for registration under the regulations.

Minister may consent to a name being available to a company

(2)
The Minister may consent in writing to a name being available to a company even if the name is:

(a)
identical to a name that is reserved or registered under this Law for another body; or
(b)
unacceptable for registration under the regulations.
(3)
The Minister's consent may be given subject to conditions.

Note: If the company breaches a condition, ASIC may direct it to change its name under section 158.

(4)
The regulations may specify that a particular unacceptable name is available to a company if:

(a)
a specified public authority, or an instrumentality or agency of the Crown in right of the Commonwealth, a State or the Capital Territory has consented to the company using or assuming the name; or
(b)
the company is otherwise permitted to use or assume the name by or under:
(i)
an Act of the Commonwealth, a State or the Capital Territory; or
(ii)
a specified provision of an Act of the Commonwealth, a State or the Capital Territory.

The consent of the authority, instrumentality or agency may be given subject to conditions.

Note: If the consent is withdrawn, the company ceases to be permitted or the company breaches a condition, ASIC may direct it to change its name under section 158.



[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]