Terms in this glossary are provided for general information only and should not be taken as constituting professional advice from the website owner – the Australian Securities and Investments Commission (ASIC).
The words in brackets do not form part of the term. Where business names appears in brackets alongside a term, this denotes the definition is only to be used in reference to the Business Name Register. These terms do not apply to any other ASIC services.
A register of information required to be provided by the issuers of debentures relating to the appointment of trustees.
A register of all unlicensed carried over instrument lenders notified to ASIC, including any unprescribed unlicensed carried over instrument lenders.
Acts as an intermediary between ASIC and Australian companies, to help companies meet their lodgement obligations.
A type of agent who may be authorised by a business name holder to act on their behalf. All agents must be authorised, sign up for an ASIC Connect account and link business names to their account using the ASIC key. For business names, there is no need to sign up separately with ASIC as a registered agent (companies) or to have an ASIC agent number.
A person appointed by a company to wind up the affairs of the company. Registered liquidators are registered by ASIC.
An address that Australian companies, registered foreign companies and registered Australian bodies must provide for the receipt of communications and notices.
An organisation that is currently registered by ASIC or another government organisation and is listed on ASIC's registers.
This is the length of time (1 or 3 years) for which a business name holder chooses to register a business name.
The date by which a business name registration must be renewed. This is dependent on the renewal period chosen during registration or renewal - either 1 or 3 years - and on whether the business name holder aligned their registration period.
The fee that must be paid to ASIC prior to registering a business name.
The fee that must be paid to ASIC when registering a business name.
See Roles and relationships extract.
This is a message ASIC sends to a business name holder advising that their registration is due for renewal.
A name that has been reserved for the purposes of registration by a particular organisation.
A word that cannot be used in a business name without obtaining Ministerial or other authorised consent (e.g. the use of the word ‘banker’ requires approval from the Australian Prudential Regulation Authority (APRA)). Restricted words are set out in the Business Names Registration (Availbility of Names) Determination 2012.
A decision of which a business name holder or other relevant entity can request a review. These include a previous decision to register, refuse to register, or cancel a business name. The request to review must be raised by the entity subject to the decision, or in the case of a precious decision to register to an entity, by another entity to whom there is a real risk of substantial detriment.
The rights to registration of two or more identical or nearly identical business name applications as determined by the order in which each application is lodged.
An extract of the roles and relationships that a company has with other companies, organisations and corporations.