CORPORATIONS ACT 2001

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

PART 5B.2 - REGISTRABLE BODIES  

Division 2 - Foreign companies  

SECTION 601CH   LOCAL AGENT: HOW REMOVED  

601CH(1)   [ Lodgment of written notice]  

Where a person is a local agent of a foreign company, the foreign company or the person may lodge a written notice stating that the person's appointment as a local agent has terminated, or will terminate, on a specified day.

601CH(2)   [ Time of cessation of agency]  

Where a notice is lodged under subsection (1), the person ceases to be a local agent of the foreign company at the end of:

(a) the period of 21 days beginning on the day of lodgment; or

(b) the day specified in the notice;

whichever is the later.