Document ID: chunk:federal_register_of_legislation:C2022C00234:clause:1_16
Version: federal_register_of_legislation:C2022C00234
Segment Type: clause
Provision Reference: sch 1 cl 16
Character Range: 109440–110324

16  What the Registrar must do if information available on transition deficient
(1) This item applies if:
 (a) a business name is registered under this Act to an entity or entities; and
 (b) the Registrar is satisfied that, because of a deficiency in the information available to ASIC before registration:
 (i) the business name has not been registered to the correct entity or entities; or
 (ii) other information recorded by ASIC or the Registrar in relation to the registration under this Act is incorrect.
(2) The Registrar must:
 (a) correct the information mentioned in subparagraph (1)(b)(i) or (ii), as the case requires; and
 (b) notify:
 (i) each entity to whom the business name was registered before the correction; and
 (ii) each entity to whom the business name is registered after the correction; and
 (iii) any other person to whom the corrected information relates.