On Wed, 16 Jan 2002 22:04:15 +1100, Adrian Stephan wrote: > Kim keeps mentioning about the fairness of the auction. What I don't think > is fair is that ASIC has a set of rules that preclude anyone from having a > company name too close to an existing name. Hi Adrian I am not at all sure what you mean by "too close". I am the proprietor of the following registered company: ACN 065 556 229 Fraud Control Pty Limited In relation to Business Names, the NSW Dept of Fair Trading considers the word "services" to be one of those neutral words with no regulatory effect. Yet ASIC has allowed the following company registration: ACN 002 129 400 Fraud Control Services Pty Limited With two significant words, that's a pretty close match, imo. I will be happy for you to devote as much energy complaining to ASIC as you do complaining about "logistics". <snip> > For those who try to use logic - forget it. This is all about power. In any regulatory system there are inevitably loopholes and inequities. A criminal defence lawyer I once met in Court made a fortune out of exploiting such loopholes to get people acquitted of crimes they had committed. I watched him at work. It was a real eye-opener. He even claimed that the relevant law was not in force on the date of the alleged offence. What a shocker !! In the trade that's called "getting people off on a technicality". That's not fair either. However, the system was not designed to be unfair. Regards Patrick Corliss _________________________________________________________ I'm on the Board of auDA (the .au country code) as well as TLDA (the Top Level Domain Association). Please note that anything I write is my own personal opinion and does not necessarily reflect the views of any body with which I am associated. Please also note IANAL (I Am Not A Lawyer).Received on Fri Oct 03 2003 - 00:00:00 UTC
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