Corporations Act 2001

CHAPTER 5B - BODIES CORPORATE REGISTERED AS COMPANIES, AND REGISTRABLE BODIES  

PART 5B.2 - REGISTRABLE BODIES  

Division 2 - Foreign companies  

SECTION 601CF   APPOINTMENT OF LOCAL AGENT  

601CF(1)   [ Appointment]  

A foreign company may at any time appoint a person as a local agent.

601CF(2)   [ Requirement of appointment before registration]  

ASIC must not register a foreign company under this Division unless the foreign company has at least one local agent in relation to whom the foreign company has complied with section 601CG.

601CF(3)   [ Cessation of agency]  

Where:

(a) because a person ceased on a particular day to be a local agent of the foreign company, a registered foreign company has no local agent; and

(b) the foreign company carries on business, or has a place of business, in this jurisdiction;

the foreign company must, within 21 days after that day, appoint a person as a local agent.