Commonwealth Consolidated Acts Commonwealth Consolidated ActsASIC may make a transfer of registration declaration in relation to the company under this section if ASIC is satisfied that:
(a) the application complies with section 601AJ; and
(b) the company's creditors are not likely to be materially prejudiced by the transfer of the company's registration; and
(c) the law of the Commonwealth or of the State or Territory concerned adequately provides for:
(i) the continuation of the company's legal personality after the transfer; and
(ii) the preservation of any rights or claims against the
company (other than the right of a member as a member) that accrued while the
company was registered under this Act.