Corporations Act 2001
A foreign company that lodges with the Registrar 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. The lodgement must meet any requirements of the data standards.
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 of the document authorising the execution.
Lodgement of the copy must meet any requirements of the data standards.
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 a statement by the local agent. The statement must meet any requirements of the data standards.
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.
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