Where the division by separation concerns the entire enterprise of the sole trader, the entry in the register of the division by separation pursuant to section 131 will have the effect of extinguishing the business name that the sole trader has been using. Such extinction of the business name is to be entered in the register ex officio.
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Part 2 · Special provisions › Division 7 · Division by separation out of the assets of a sole trader › Section 155
Effects of the division by separation
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