(1) ASIC may direct a registered Australian body or registered foreign company in writing to change the name under which the body or company is registered within 2 months if:

(a)

the name should not have been registered; or

(b)

the body or company has breached a condition under subsection 601DC(3) on the availability of the name; or

(c)

a consent given under subsection 601DC(4) to use or assume the name has been withdrawn; or

(d)

the body or company has breached a condition on a consent given under subsection 601DC(4); or

(e)

the body or company ceases to be permitted to use or assume the name (as referred to in paragraph 601DC(4)(b)).

(2) The body or company must comply with the direction within 2 months after being given it by doing everything necessary to change its name for the purposes of this Act under section 601DH. (3) If the body or company does not comply with subsection (2), ASIC may change the body's or company's name to a name that includes its ARBN by altering the details of the body's or company's registration to reflect the change. (4) For the purposes of this Act, a change of name under subsection (3) takes effect when ASIC alters the details of the body's or foreign company's registration.

Note: ASIC must issue a new certificate reflecting the name change (see section 601CU).