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COMPANIES ACT 1981 No. 89 of 1981 - SECT 47
Reservation of name of intended recognized foreign company or recognized foreign company
47. Where-
(a) a name has been reserved under the provision of a law of a
participating State or participating Territory that corresponds with
sub-section 46 (3) in respect of an intended foreign company that is
to be formed, or a foreign company that was formed, outside Australia
and the external Territories; and
(b) the application for the reservation of that name stated that it was
desired to reserve the name in the Territory, the Commission shall
reserve that name in the Territory and, where a name is so reserved,
the reservation remains in force until that name ceases to be
reserved, or until the reservation of that name is cancelled by the
Commission, under the provision of the law of that State or Territory
that corresponds with section 46.
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