Business Names Registration (Transitional and Consequential Provisions) Act 2011 (127 of 2011)

Schedule 1 Transitional provisions

(1) This item applies in relation to the first renewal after the day on which the business name is first registered to an entity under this Act.

(2) ASIC must determine an alternative registration period for the renewal of the registration of the business name to the entity if:

(a) the entity lodges a request with ASIC, in the prescribed form and manner, to have the alternative registration period determined; and

(b) the alternative registration period requested is:

(i) if the registration period on renewal would otherwise have been 1 year - of not more than 18 months; and

(ii) if the registration period on renewal would otherwise have been 3 years - of not more than 3 years and 6 months.

(3) A determination under subitem (2) must be in writing, but is not a legislative instrument.