CORPORATIONS ACT 2001 - SECT 1387 Certain applications lapse on the commencement
CORPORATIONS ACT 2001 - SECT 1387
Certain applications lapse on the commencement(a) under section 117 for the registration of a company; or
(b) under section 601BC for the registration of a body as a company;
that was made by a person before the commencement, but that had not been dealt with by the commencement, lapses on the commencement.
(2) Any fee that was paid in respect of the application must be
returned to the person, unless it is, with the person's permission,
credited against the fee payable in respect of another application the person
makes under this Act after the commencement.