Commonwealth Numbered Acts

COMPANIES ACT 1981 No. 89 of 1981 - SECT 53

53. (1) Where a name has been reserved in respect of a company under the
provision of a law of a participating State or participating Territory that
corresponds with sub-section 52 (2), the Commission shall reserve that name in
the Territory.

(2) Where-

   (a)  a name has been reserved in respect of a recognized company under the
        provision of a law of a participating State or participating Territory
        that corresponds with sub-section 52 (2); and

   (b)  the application for the reservation of that name states that the name
        of the recognized company is registered in the Territory, the
        Commission shall reserve the name in respect of which the application
        is made in the Territory and, where the name is so reserved, the
        reservation remains in force until the name ceases to be reserved, or
        until the reservation of the name is cancelled by the Commission,
        under the provision of the law of that State or Territory that
        corresponds with section 52.