Financial Intermediaries Act 1996
sec.91Name
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sec.91 Name
The registered name of a society is its name as stated in the society’s rules for the time being registered under this Act. The registrar must not register proposed rules, or an alteration of the rules of a society affecting the society’s name, if the registrar is satisfied that the proposed name— is undesirable; or is likely to be confused with the name of a corporation or a registered business name. If the registrar registers an alteration of a society’s rules changing the society’s name, the registrar may, on application by the society, amend its certificate of incorporation or issue a new certificate. A society must publish a change of its name as directed by the registrar. Maximum penalty—10 penalty units. A society must not use a name other than its registered name. Maximum penalty—80 penalty units. s 91 amd 1999 No. 27 s 76 sch 1 pt 2 (sec.91-ssec.1) The registered name of a society is its name as stated in the society’s rules for the time being registered under this Act. (sec.91-ssec.2) The registrar must not register proposed rules, or an alteration of the rules of a society affecting the society’s name, if the registrar is satisfied that the proposed name— is undesirable; or is likely to be confused with the name of a corporation or a registered business name. (sec.91-ssec.3) If the registrar registers an alteration of a society’s rules changing the society’s name, the registrar may, on application by the society, amend its certificate of incorporation or issue a new certificate. (sec.91-ssec.4) A society must publish a change of its name as directed by the registrar. Maximum penalty—10 penalty units. (sec.91-ssec.5) A society must not use a name other than its registered name. Maximum penalty—80 penalty units.
- (a) is undesirable; or
- (b) is likely to be confused with the name of a corporation or a registered business name.