Companies.
(a) contains the words "Royal" or "Imperial" or in the opinion of the Registrar suggests, or is calculated to suggest, the patronage of His Majesty or of any member of the Royal Family or connexion with His Majesty's Government or any department thereof;
or
(b) contains the words "Municipal" or "Chartered" or in the opinion of the Registrar suggests, or is calculated to suggest, connexion with any municipality or other local authority or with any society or body incorporated by Royal Charter; or
(c) contains the word "Co-operative"; or (d) contains the word "British"; or
(e) contains the words "Savings"; or
(f) contains the word "Trust" or "Trustee".
[19
and
21. (1) Where it is proved to the satisfaction of the Governor that an association about to be formed as a limited company is to be formed for promoting commerce, art, science, religion, charity, or any other useful object, intends to apply its profits, if any, or other income in promoting its objects, and to prohibit the payment of any dividend to its members, the Governor may by licence direct that the association may be registered as a company with limited liability, without the addition of the word "Limited" to its name, and the association may be registered accordingly.
(2) A licence by the Governor under this section may be granted on such conditions and subject to such regulations as he may think fit, and those conditions and regulations shall be binding on the association, and shall, if the Governor so direct, be inserted in the memorandum and articles, or in one of those documents.
(3) The association shall on registration enjoy all the privileges of limited companies, and be subject to all their obligations, except those of using the word "Limited" as any part of its name, and of publishing its name, and of sending lists of members to the Registrar of Companies.
(4) A licence under this section may at any time be revoked by the Governor, and upon revocation the Registrar shall enter the word "Limited" at the end of the name of the association upon the register, and the association shall
25
[CAP. 32
1 of 1949, s. 4.
15 of 1936, s. 2.
Power to dispense with "Limited" charitable companies. c. 23, s. 18.
in name of
and other
19 & 20 Geo. 5,