Corporations Act 2001

CHAPTER 5A - DEREGISTRATION, AND TRANSFER OF REGISTRATION, OF COMPANIES  

PART 5A.2 - TRANSFER OF REGISTRATION  

Note: This Part does not apply to a CCIV or a sub-fund of a CCIV: see Subdivision B of Division 9 of Part 8B.6 .

SECTION 601AK  

601AK   ASIC MAKES TRANSFER OF REGISTRATION DECLARATION  

ASIC may make a transfer of registration declaration in relation to the company under this section if ASIC is satisfied that:

(a)    the application complies with section 601AJ ; and

(b)    the company ' s creditors are not likely to be materially prejudiced by the transfer of the company ' s registration; and

(c)    

the law of the Commonwealth or of the State or Territory concerned adequately provides for:

(i) the continuation of the company ' s legal personality after the transfer; and

(ii) the preservation of any rights or claims against the company (other than the right of a member as a member) that accrued while the company was registered under this Act.