AUSTRALIAN CAPITAL TERRITORY

BUSINESS NAMES ORDINANCE 1956.

EXPLANATORY MEMORANDUM.

No. 18 of 1956

	The purpose of this Ordinance is to amend and consolidate the law relating to the registration and use of business names in the Australian Capital Territory.

	The principal amendments to the existing law which have been incorporated in the Ordinance –
(a)	enable a corporate body to register a business name and carry on business under that name;
(b)	require a business name to be renewed annually;
(c)	require a business name always to be used in connexion with the business;
(d)	enable the Registrar to correct errors;
(e)	bring the provisions as to names into line with those in the Companies Ordinance 1954; and
(f)	increase the registration fees to bring them into line with the fees payable in New South Wales.