Business Names Registration Act 2011
ASIC must cancel the registration of a business name to an entity if the entity lodges a notice with ASIC requesting ASIC to do so.
[ CCH Note: S 42(1) will be substituted by No 69 of 2020 (as amended by No 35 of 2022), s 3 and Sch 1 item 203, effective 1 July 2026 or a day or days to be fixed by Proclamation. For application and transitional provisions, see note under s 23(2) . S 42(1) will read:
]
42(1)
The Registrar must cancel the registration of a business name to an entity if the entity requests the Registrar to do so. The request must meet any requirements of the data standards.
42(2)
The notice: (a) must be in the prescribed form; and (b) must be lodged in the prescribed manner.
[ CCH Note: S 42(2) will be repealed by No 69 of 2020 (as amended by No 35 of 2022), s 3 and Sch 1 item 203, effective 1 July 2026 or a day or days to be fixed by Proclamation. For application and transitional provisions, see note under s 23(2) .]
42(3)
ASIC must, at least 28 days before cancelling the registration, give notice in writing to the entity informing the entity that ASIC intends to cancel the registration.
[ CCH Note: S 42(3) will be amended by No 69 of 2020 (as amended by No 35 of 2022), s 3 and Sch 1 items 204 and 205, by substituting " The Registrar " for " ASIC " (first occurring) and " notify the entity that the Registrar " for " give notice in writing to the entity informing the entity that ASIC " , effective 1 July 2026 or a day or days to be fixed by Proclamation. For application and transitional provisions, see note under s 23(2) .]
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