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20. How long will it take to get an ACN?
If the proposed name of the Company is acceptable to ASIC as an
appropriate name for registration, the ACN will become available
in a few minutes.
If the name chosen is an unusual word (not appearing in the Macquarie
dictionary or not a name which contains words already known to the
ASIC data base) then registration may be delayed for up to an hour
while the application is manually reviewed by a staff member at
ASIC.
An ACN may also be delayed if the company name is a public company,
or the chosen name is identical to a registered business name or
the chosen name has been reserved. This usually requires additional
ASIC intervention.
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