THE CORPORATIONS LAW

CHAPTER 2B - BASIC FEATURES OF A COMPANY

PART 2B.6 - NAMES

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.