sec.52Change of name of corporation or partnership

sec.52 Change of name of corporation or partnership

This section applies if, for a corporation or partnership that is the holder of an electrical contractor licence, there is a change in— the name of the corporation or partnership; or if the corporation or partnership carries on business under a name other than its name—the name ( business name ) under which it carries on business. The corporation or partnership must, within 1 month after the change of name or business name, give the regulator written notice of the change that complies with subsection (3) . Maximum penalty—20 penalty units. The notice must be accompanied by the electrical contractor licence, and may be accompanied by an application about how the regulator is to act under subsection (4) . After receiving the notice and considering any accompanying application, the regulator must— endorse the licence with information about the change of name or business name and reissue it to the corporation or partnership; or cancel the licence and issue a new licence; or cancel the licence. A licence reissued by the regulator with an endorsement of the change of the name or business name of the corporation or partnership has, subject to the endorsement, continuing effect as the original electrical contractor licence. A new licence issued by the regulator under this section must be endorsed with a memorandum stating the reasons for the issue of the new licence. If the regulator acts under subsection (4) (c) to cancel the licence, the regulator must give the corporation or partnership an information notice for the decision to cancel. (sec.52-ssec.1) This section applies if, for a corporation or partnership that is the holder of an electrical contractor licence, there is a change in— the name of the corporation or partnership; or if the corporation or partnership carries on business under a name other than its name—the name ( business name ) under which it carries on business. (sec.52-ssec.2) The corporation or partnership must, within 1 month after the change of name or business name, give the regulator written notice of the change that complies with subsection (3) . Maximum penalty—20 penalty units. (sec.52-ssec.3) The notice must be accompanied by the electrical contractor licence, and may be accompanied by an application about how the regulator is to act under subsection (4) . (sec.52-ssec.4) After receiving the notice and considering any accompanying application, the regulator must— endorse the licence with information about the change of name or business name and reissue it to the corporation or partnership; or cancel the licence and issue a new licence; or cancel the licence. (sec.52-ssec.5) A licence reissued by the regulator with an endorsement of the change of the name or business name of the corporation or partnership has, subject to the endorsement, continuing effect as the original electrical contractor licence. (sec.52-ssec.6) A new licence issued by the regulator under this section must be endorsed with a memorandum stating the reasons for the issue of the new licence. (sec.52-ssec.7) If the regulator acts under subsection (4) (c) to cancel the licence, the regulator must give the corporation or partnership an information notice for the decision to cancel.