All sections · Part III: Company Names
29 Reservation of names
This section has been amended. The text above is the 2016 wording; the amending provisions follow.
(1) Subject to this section, the Registrar may upon a request made by a person
licensed to provide international corporate services under the International
Corporate Service Providers Act (Cap 275), reserve for 30 days a name for
future adoption by a company under this Act.
(2) The Registrar may refuse to reserve a name if he is not satisfied that the
name complies with this Part in respect of the company or proposed
company.
(3) On the expiry of the 30 day period referred to in subsection (1), the
Registrar may, on payment of the fee specified in Part II of the Second
Schedule, for each 30 day period thereafter, continue reserving the name
for future adoption by a company under this Act.
licensed to provide international corporate services under the International
Corporate Service Providers Act (Cap 275), reserve for 30 days a name for
future adoption by a company under this Act.
(2) The Registrar may refuse to reserve a name if he is not satisfied that the
name complies with this Part in respect of the company or proposed
company.
(3) On the expiry of the 30 day period referred to in subsection (1), the
Registrar may, on payment of the fee specified in Part II of the Second
Schedule, for each 30 day period thereafter, continue reserving the name
for future adoption by a company under this Act.
Amended since 2016
Act 32 of 2021 · 2021-08-02
10. Section 29(3) of the principal Act is amended, by repealing the
words “under this Act”, and substituting therefor the words “under this Act,
provided that the request to continue reserving the name is made by the same
person within 7 days after the expiry of the 30 day period referred to in
subsection (1) or each other 30 days period thereafter”.
words “under this Act”, and substituting therefor the words “under this Act,
provided that the request to continue reserving the name is made by the same
person within 7 days after the expiry of the 30 day period referred to in
subsection (1) or each other 30 days period thereafter”.