Australian Capital Territory Repealed Acts

This legislation has been repealed.

BUSINESS NAMES ACT 1963 (REPEALED) - SECT 26

    (1)     A person commits an offence if—

        (a)     a business is carried on in the ACT under a business name that is registered or required to be registered under this Act; and

        (b)     the person—

              (i)     uses or refers to the business name in an invitation to the public, or advertisement inviting the public, to deposit money with or lend money to the person who is carrying on the business; or

              (ii)     uses or refers to the business name in relation to any deposit or loan.

Maximum penalty: 50 penalty units.

    (2)     An offence against this section is a strict liability offence.

    (3)     This section does not apply to an invitation to the public made by a public company in accordance with the Corporations Act.