Section 124 - Requirement to change registered office

(1) Subject to the other provisions of this section, a company shall change the registered office where the company is required to do so by the Registrar.

(2) The Registrar may require a company to change the registered office by notice in writing delivered or sent to the company at the registered office of the company.

(3) The notice shall

(a) state that the company is required to change the registered office by the date specified in the notice, not being a date that is earlier than twenty-eight days after the date of the notice;

(b) state the reason for the required change;

(c) state that the company has the right to appeal to Court; and

(d) be dated and signed by the Registrar.

(4) A copy of the notice shall be sent to each director of the company.

(5) The company shall change the registered office

(a) by the date specified in the notice; or

(b) where the company appeals to the Court and the appeal is dismissed, within seven days of the date of the decision of the Court.

(6) Where a company fails to comply with this section, each director and the Company Secretary commit an offence and are liable on summary conviction to a fine of not more than twenty-five penalty units for each day during which the default continues.