Corporations Act 2001
[ CCH Note: S 159 heading will be amended by No 69 of 2020, s 3, Sch 1, by substituting " POWER " for " ASIC ' S POWER " , (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
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.
[ CCH Note: S 159(1) will be amended by No 69 of 2020, s 3, Sch 1 and [ 473], by substituting " The Registrar " for " ASIC " and " the Registrar " for " ASIC " in para (c) (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
The change of name takes effect when ASIC alters the details of the company ' s registration.
[ CCH Note: S 159(2) will be amended by No 69 of 2020, s 3, Sch 1, by substituting " the Registrar " for " ASIC " , (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
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