South Australian Consolidated Acts

CO-OPERATIVES ACT 1997 - SECT 250

250—Change of name of co-operative

        (1)         A co-operative may by special resolution change its name to a name approved by the Commission.

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

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

            (a)         the Commission has noted the change on the certificate of registration of the co-operative; or

            (b)         the certificate of registration is surrendered to the Commission and a replacement certificate of registration is issued in the new name.

        (4)         A change of name by a co-operative does not affect—

            (a)         the identity of the co-operative; or

            (b)         the exercise of any rights, or the enforcement of any obligations, by or against the co-operative or any person; or

            (c)         the continuation of any legal proceedings by or against the co-operative.

        (5)         Any legal proceedings that might have been continued or commenced by or against the co-operative in its former name may be continued or commenced by or against the co-operative in its new name.

        (6)         The Commission may refuse to approve a change of name if—

            (a)         the Commission is of the opinion that the new name is undesirable; or

            (b)         the Commission is of the opinion that the name is such as is likely to be confused with the name of a body corporate or a registered business name; or

            (c)         the new name does not conform with any direction of the Minister relating to the names of registered co-operatives.