Determination of pending applications for registration
19 Determination of pending applications for registration
Despite the commencement of Part 3, on and after the change-over day, the Director may determine whether or not a business name which is the subject of a pending application for registration would be registerable under the 1962 Act if the 1962 Act were still in operation.
For the purposes of item 6 of Schedule 1 to the Commonwealth Transitional Act, if the Director determines under subsection (1) that a business name would be registerable, he or she must notify ASIC that the business name is to be registered on the National Business Names Register.
For the purposes of item 8 of Schedule 1 to the Commonwealth Transitional Act, if the Director determines under subsection (1) that a business name would not be registerable, the Director must notify ASIC that ASIC is to cease to hold the business name.
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