Senate Committee report on Business Names Bill

The Senate Economics Committee Report on the Exposure draft of the Business Names Registration Bill 2011 has recommended that the Bill be passed in time for a May 2012 commencement notwithstanding its concerns in the following areas: restrictions on the ability to verify the identity of credit applicants through the national business names register jurisdictional conflicts between the Bill and state and territory probate laws. There are no procedures in the bills as to how ASIC will determine who is a rightful heir to a deceased business name owner and the measures they will take should a new and different heir-as appointed by the state Supreme Courts-make claim to a business registration. individuals should be able when applying to register a business name to concurrently search the database for similar or identical domain names and trademarks.

Read more detail on Recent Business Law Posts –

Legal notice about the Senate Committee report on Business Names Bill rubric : Hukuki Net Legal News is not responsible for the privacy statements or other content from Web sites outside of the site. Please refer the progenitor link to check the legal entity of this resource hereinabove.

Do you need High Quality Legal documents or forms related to Senate Committee report on Business Names Bill?

This entry was posted in Business law and tagged , , , , , . Bookmark the permalink.

Leave a Reply