Corporations Act 2001

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

PART 5B.2 - REGISTRABLE BODIES  

Division 2 - Foreign companies  

SECTION 601CG   LOCAL AGENT: HOW APPOINTED  

601CG(1)    
A foreign company that lodges a memorandum of appointment, or a power of attorney, that is duly executed by or on behalf of the foreign company and states the name and address of a person who is:

(a)    a natural person or a company; and

(b)    resident in this jurisdiction; and

(c)    authorised to accept on the foreign company ' s behalf service of process and notices;

is taken to appoint that person as a local agent.

601CG(2)    
Where a memorandum of appointment, or a power of attorney, lodged under subsection (1) is executed on the foreign company ' s behalf, the foreign company must, unless it has already done so, lodge a copy, verified in writing in the prescribed form to be a true copy, of the document authorising the execution.

601CG(3)    
A copy lodged under subsection (2) is taken for all purposes to be the original of the document.

601CG(4)    
A foreign company that appoints a local agent must lodge a written statement that is in the prescribed form and is made by the local agent.

601CG(5)    
A person whom a foreign company appoints as a local agent is a local agent of the foreign company until the person:

(a)    ceases by virtue of section 601CH to be such a local agent; or

(b)    dies or ceases to exist.