(1) The chief executive may give the following to ASIC—
(a) a notice under the Commonwealth Transitional Act, schedule 1, item 4 that a business name is to be held;
(b) information requested by ASIC under the Commonwealth Transitional Act, schedule 1, item 9 about whether a business name should continue to be held.
(2) If the chief executive is satisfied a matter to which this section applies has been resolved, the chief executive may give notice to ASIC under the Commonwealth Transitional Act, schedule 1, item 6 or 8 stating that—
(a) ASIC is to cease to hold the business name; or
(b) the business name is to be registered on the Commonwealth register.