18Permitted business names

#### 18 Permitted business names (1) For a period of 6 months beginning on the succession day in relation to a transferring bank whose name is included in Column 1 of Schedule 2, the relevant receiving bank may operate in a State or Territory under any name (in this section called a permitted business name in relation to that receiving bank) that is included in Column 2 of that Schedule opposite the name of that transferring bank. (2) This section does not prevent a receiving bank from: (a) operating in a State or Territory under a name other than a permitted business name; or (b) registering a name on the Business Names Register established and maintained under section 22 of the Business Names Registration Act 2011.