Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]


ASIC makes transfer of registration declaration

    ASIC 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.

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback