Section 22 - Reservation of name

(1) An application for reservation of the name of a company may be sent or delivered to the Registrar, and shall be in a form approved by the Registrar.

(2) The Registrar may, after receipt of the application and on payment of the prescribed fee, reserve a name pending registration of a company or a change of name by a company.

(3) A reservation under subsection (2) shall not exceed two months and may be renewed for a further period of two months.

(4) A company shall not be registered under a reserved name or under any other name which in the opinion of the Registrar is similar to the reserved name.