Queensland Consolidated Acts

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COOPERATIVES ACT 1997 - SECT 248

248 Change of name of cooperative

(1) A cooperative may by special resolution change its name to a name approved by the registrar.

(2) A change of name must be advertised as prescribed under a regulation.

(3) A change of name does not take effect until—

(a) the registrar has noted the change on the certificate of registration of the cooperative; or
(b) the certificate of registration is surrendered to the registrar and a replacement certificate of registration is issued in the new name.

(4) A change of name by a cooperative does not affect—

(a) the identity of the cooperative; or
(b) the exercise of a right, or the enforcement of an obligation, by or against the cooperative or a person; or
(c) the continuation of a legal proceeding by or against the cooperative.

(5) A legal proceeding that might have been continued or started by or against the cooperative in its former name may be continued or started by or against the cooperative in its new name.

(6) The registrar may refuse to approve a change of name if the registrar thinks the new name is unsuitable.

(7) The registrar may direct a cooperative to change its name if the registrar considers the name is likely to be confused with the name of a corporation or a registered business name.



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