The National Business Names Registration System will commence on 28 May 2012 and will replace all current State and Territory registers.

Businesses currently registered will automatically be incorporated into the new register to be managed by ASIC.

Regulatory Guide 235 issued by ASIC in March 2012 states the register will reduce costs and be more convenient for businesses in Australia, particularly those conducting businesses interstate.

A National Business Names Registration Scheme Roadshow is being run by ASIC to help businesses with any questions they have in relation to the register and several sessions will be held in Brisbane, at the Christie Conference Centre, on 1 and 2 May 2012. See the ASIC website here for further details.