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CORPORATIONS ACT 2001 - SECT 1387 Certain applications lapse on the commencement

CORPORATIONS ACT 2001 - SECT 1387

Certain applications lapse on the commencement

  (1)   An application:

  (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.

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