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COMPANIES ACT 1981 No. 89 of 1981 - SECT 56
Reservation of name of foreign company proposing to transfer incorporation to participating State or Territory
56. Where-
(a) a name has been reserved in respect of a foreign company under the
provision of a law of a participating State or participating Territory
that corresponds with sub-section 55 (2); and
(b) the application for the reservation of that name states that the name
of the foreign company is registered in the Territory, the Commission
shall reserve the name in respect of which the application was made in
the Territory and, where the name is so reserved, the reservation
remains in force until that name ceases to be reserved, or until the
reservation of that name is cancelled by the Commission, under the
provision of the law of that State or Territory that corresponds with
section 55.
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