Registrations cancelled before change-over day
16 Registrations cancelled before change-over day
s. 16
For the purposes of item 4 of Schedule 1 to the Commonwealth Transitional Act, if the registration of a business name on the Victorian Register is cancelled during the period beginning 60 days before the change-over day and ending on the change-over day, the Director must notify ASIC that the business name is to be held.
For the purposes of item 8 of Schedule 1 to the Commonwealth Transitional Act, if in relation to a cancellation described in subsection (1), either—
an application is not made under section 19(3) of the 1962 Act within the time required by section 14; or
an application described in paragraph (a) is made, but the Supreme Court does not order the restoration of the registration—
the Director must notify ASIC that ASIC is to cease to hold the business name.
For the purposes of item 6 of Schedule 1 to the Commonwealth Transitional Act, if in relation to a cancellation described in subsection (1)—
an application is made under section 19(3) of the 1962 Act within the time required by section 14; and
the Supreme Court orders that the registration of the business name must be restored—
the Director must notify ASIC that the business name is to be registered on the National Business Names Register.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.