THE CORPORATIONS LAW

CHAPTER 2B - BASIC FEATURES OF A COMPANY

PART 2B.6 - NAMES

Division 1 - Selecting and using a name

SECTION 152   RESERVING A NAME  

152(1)  [Application to reserve]  

A person may lodge an application in the prescribed form with ASIC to reserve a name for a company. If the name is available, ASIC must reserve it.

Note:

For available names, see section 147.

152(2)  [Length of reservation]  

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.

152(3)  [Cancellation]  

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