Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020 (69 of 2020)

Schedule 1   Amendments relating to the Registrar

Part 2   Other amendments

Corporations Act 2001

881   Section 601CE

Repeal the section, substitute:

601CE Application for registration

(1) A foreign company may lodge with the Registrar an application for registration under this Division.

(2) The application must meet any requirements of the data standards.

(3) The Registrar must, subject to this Part:

(a) grant the application and register the foreign company under this Division by making a record of the foreign company's name; and

(b) allot to the foreign company an ARBN distinct from the ARBN or ACN of each body corporate (other than the company) already registered as a company or registered body under this Act.