Exclusion of the word 'Limited' (or the abbreviations 'Ltd' or 'Ltd.') from company name

A public company limited by guarantee, being a limited company, ordinarily needs to have the word 'Limited' (or the abbreviations 'Ltd' or 'Ltd.') included in its name. However a public company limited by guarantee may be formed without the word 'Limited' (or the abbreviations 'Ltd' or 'Ltd.') in its name if its constitution meets all of the following requirements:

  1. The constitution must require the company to pursue CHARITABLE PURPOSES only, and to apply its income towards promoting those charitable purposes.

  2. The constitution must prohibit the company from making distributions to its members and from paying fees to its directors.

  3. The constitution must require the directors of the company to approve all other payments it makes to its directors.
(section 150(1) of the Corporations Act 2001)
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