Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 147

When a name is available

Name is available unless identical or unacceptable

  (1)   A name is available to a company unless the name is:

  (a)   identical (under rules set out in the regulations) to a name that is reserved or registered under this Act for another body; or

  (b)   identical (under rules set out in the regulations) to a name that is held or registered on the Business Names Register in respect of another individual or body who is not the person applying to have the name; or

  (c)   unacceptable for registration under the regulations.

Minister may consent to a name being available to a company

  (2)   The Minister may consent in writing to a name being available to a company even if the name is:

  (a)   identical to a name that is reserved or registered under this Act for another body; or

  (b)   unacceptable for registration under the regulations.

  (3)   The Minister's consent may be given subject to conditions.

Note:   If the company breaches a condition, ASIC may direct it to change its name under section   158.

  (4)   The regulations may specify that a particular unacceptable name is available to a company if:

  (a)   a specified public authority, or an instrumentality or agency of the Crown in right of the Commonwealth, a State or an internal Territory has consented to the company using or assuming the name; or

  (b)   the company is otherwise permitted to use or assume the name by or under:

  (i)   an Act of the Commonwealth, a State or an internal Territory; or

  (ii)   a specified provision of an Act of the Commonwealth, a State or an internal Territory.

The consent of the authority, instrumentality or agency may be given subject to conditions.

Note:   If the consent is withdrawn, the company ceases to be permitted or the company breaches a condition, ASIC may direct it to change its name under section   158.


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