Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 601AK

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:

the application complies with section 601AJ; and

the company's creditors are not likely to be materially prejudiced by the transfer of the company's registration; and

the law of the State or Territory concerned adequately provides for:

the continuation of the company's legal personality after the transfer; and
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.

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