CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 2B - BASIC FEATURES OF A COMPANY
History
Chapter 2B inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
PART 2B.6 - NAMES
History
Part 2B.6 inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
Division 2 - Changing a company's name
SECTION 159
ASIC'S POWER TO INCLUDE ``LIMITED'' IN COMPANY'S NAME
159(1)
[ASIC may change]
ASIC may change a company's name so that it includes the word ``Limited'' by altering the details of the company's registration to reflect the change if:
(a)
the company contravenes any of the requirements or prohibitions in its constitution referred to in subsection
150(1); or
(b)
the company modifies its constitution to remove any of those requirements or prohibitions; or
(c)
ASIC revokes a licence referred to in section
151 that applies to the company.
159(2)
[Effect]
The change of name takes effect when ASIC alters the details of the company's registration.
History
S 159 amended by No 54 of 1998, Sch 5, Pt 2 (effective 1 July 1998).
S 159 substituted by No 61 of 1998, Sch 1 (effective 1 July 1998).
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