Document ID: chunk:federal_register_of_legislation:C2004A04008:body:0:p7
Version: federal_register_of_legislation:C2004A04008
Segment Type: other
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Character Range: 20980–23613

and subsection (2) must be lodged with the National Companies and Securities Commission by lodging them at that office.

"(4) CSL is to be taken to be entitled to make the applications referred to in paragraphs (1) (a) and (b), and to lodge the documents mentioned in paragraph (1) (c) and subsection (2).

"(5) The National Companies and Securities Commission is to be taken:

    (a) to have been required to reserve the name 'Commonwealth Serum Laboratories Limited' under subsection 55 (2) of the Companies Act 1981; and

    (b) to have so reserved that name immediately after the making of the application mentioned in paragraph (1) (b).

New name of CSL

"44d. (1) On the day immediately before the transition, CSL's name is, by force of this subsection, changed to 'Commonwealth Serum Laboratories Limited'.

"(2) Subsection 65 (5) of the Companies Act 1981 applies in relation to the change of name made by subsection (1) as if:

(a) CSL was a company, within the meaning of that Act, when the change was made; and

(b) the change was made under that Act.

"(3) This section has effect in spite of anything in the Companies Act 1981, but nothing in this section prevents:

(a) CSL from later changing its name under section 65 of that Act; or

(b) the cancellation, under Division 2 of Part III of that Act, of the registration of a name.".

13. After Part IIa of the Principal Act the following Part is inserted:

"PART IIb—CONVERSION OF CSL INTO A PUBLIC COMPANY

Effect of Part—summary

"44e. After the commencement of this Part:

(a) CSL is a company registered under the Companies Act 1981; and

(b) CSL's name is "Commonwealth Serum Laboratories Limited"; and

(c) CSL is a public company, and a company limited by shares, within the meaning of that Act; and

(d) that Act applies, subject to this Act, in relation to CSL.

CSL taken to be registered under Companies Act

"44f. (1) The National Companies and Securities Commission is to be taken:

(a) to have been required to grant the application mentioned in paragraph 44c (1) (a) and to register CSL as a company under subsection 86 (2) of the Companies Act 1981; and

(b) to have granted the application at the commencement of this Part; and

(c) to have so registered CSL, at the commencement of this Part:

       (i) by the name 'Commonwealth Serum Laboratories Limited'; and

       (ii) in accordance with subsections 86 (3) and (4) of the Companies Act 1981, as a public company, and as a company limited by shares, within the meaning of that Act; and

    (d) to have registered the name 'Commonwealth Serum Laboratories Limited' in relation to CSL at the