Page:Business Names Registration Act 2014.pdf/22

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BUSINESS NAMES REGISTRATION
23


Reservation of business names

16.—(1) A person may apply to reserve a name as the person’s proposed registered business name by lodging an application with the Registrar.

(2) The Registrar may approve an application made under subsection (1) only if the Registrar is satisfied that—

(a) the application is made in good faith; and
(b) the business name to be reserved is one in respect of which the person may be registered having regard to section 17(1), (2) and (3).

(3) The Registrar must refuse to approve an application to reserve a name under subsection (1) if the Registrar is satisfied that—

(a) the name is for a business that is likely to be used for an unlawful purpose or for purposes prejudicial to public peace, welfare or good order in Singapore;
(b) it would be contrary to the national security or interest for the business name to be registered; or
(c) the application is by or on behalf of a foreign company that is not registered under Division 2 of Part XI of the Companies Act (Cap. 50).

(4) Where an application for a reservation of a name is made under subsection (1), the Registrar must reserve the proposed registered business name for a period starting at the time the Registrar receives the application and ending—

(a) if the Registrar approves the application, 60 days after the date on which the Registrar notifies the applicant that the application has been approved, or such further period of 60 days as the Registrar may, on application made in good faith, extend; or
(b) if the Registrar refuses to approve the application, on the date on which the Registrar notifies the applicant of the refusal.

(5) A person aggrieved by a decision of the Registrar—

(a) refusing to approve an application under subsection (1); or