Corporations Act 2001

CHAPTER 2B - BASIC FEATURES OF A COMPANY  

PART 2B.6 - NAMES  

Division 2 - Changing a company's name  

SECTION 157   COMPANY CHANGING ITS NAME  

157(1)    
If a company wants to change its name, it must:

(a)    pass a special resolution adopting a new name; and

(b)    lodge an application in the prescribed form with ASIC.

Note: The company may reserve a name before the resolution is passed or the application is lodged (see section 152 ).

157(2)    
The company must lodge a copy of the special resolution with ASIC within 14 days after it is passed.

157(2A)    

An offence based on subsection (2) is an offence of strict liability.

Note: For strict liability , see section 6.1 of the Criminal Code .

157(3)    
If the proposed name is available, ASIC must change the company ' s name by altering the details of the company ' s registration to reflect the change. The change of name takes effect when ASIC alters the details of the company ' s registration.

Note: For available names, see section 147 .