Section 601CG — Corporations Act 2001: Local agent: how appointed

(1) A foreign company that lodges a memorandum of appointment, or a power of attorney, that is duly executed by or on behalf of the foreign company and states the name and address of a person who is: (a) a natural person or a company; and (b) resident in this jurisdiction; and (c) authorised to accept on the foreign company’s behalf service of process and notices; is taken to appoint that person as a local agent. (2) Where a memorandum of appointment, or a power of attorney, lodged under subsection (1) is executed on the foreign company’s behalf, the foreign company must, unless it has already done so, lodge a copy, verified in writing in the prescribed form to be a true copy, of the document authorising the execution. (3) A copy lodged under subsection (2) is taken for all purposes to be the original of the document. (4) A foreign company that appoints a local agent must lodge a written statement that is in the prescribed form and is made by the local agent. (5) A person whom a foreign company appoints as a local agent is a local agent of the foreign company until the person: (a) ceases by virtue of section 601CH to be such a local agent; or (b) dies or ceases to exist.