Commonwealth Consolidated Acts

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Reserving a name

             (1)  A person may lodge an application in the prescribed form with ASIC to reserve a name for a registrable Australian body or a foreign company. If the name is available, ASIC must reserve it.

Note:          For available names, see section 601DC.

             (2)  The reservation lasts for 2 months from the date when the application was lodged. An applicant may ask ASIC in writing for an extension of the reservation during a period that the name is reserved, and ASIC may extend the reservation for 2 months.

             (3)  ASIC must cancel a reservation if the applicant asks ASIC in writing to do so.

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