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COMPANIES ACT 1981 No. 89 of 1981 - SECT 50
Reservation of proposed new name of recognized foreign company
50. Where-
(a) a name has been reserved in respect of a recognized foreign company
under the provision of a law of a participating State or participating
Territory that corresponds with sub-section 49 (2); and
(b) the application for the reservation of that name states that the
present name of the recognized foreign company is registered in the
Territory, the Commission shall reserve the name referred to in
paragraph (a) in the Territory and, where the name is so reserved, the
reservation remains in force until the name ceases to be reserved, or
until the reservation of the name is cancelled by the Commission,
under the provisions of the law of that State or Territory that
corresponds with section 49.
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