Singapore legislation
Clause 25
Clause 25
New section 29A
The Companies Act is amended by inserting, immediately after section 29, the following section:“Omission of “Limited” or “Berhad” in names of companies registered under Charities Act29A.—
Notwithstanding section 28(1) and (2) but subject to section 28(3) to (6), a limited company registered as a charity under the Charities Act (Cap. 37) (referred to in this section as charitable company) may change its name to omit the word “Limited” or “Berhad” from its name. (2) A charitable company that proposes to change its name to omit the word “Limited” or “Berhad” from its name shall —
alter its constitution to reflect the change of name; and
file the prescribed form with the Registrar, together with a copy of the special resolution authorising the change of name.(3) Upon receipt of the prescribed form referred to in subsection (2)(b), the Registrar shall —
register the name of the charitable company with the omission of the word “Limited” or “Berhad” from its name; and
issue to the company a notice of incorporation of the company under the new name. (4) Upon issue of the notice under subsection (3)(b) —
the change of name shall become effective; and
the charitable company shall be exempted from the provisions of this Act relating to the use of the word “Limited” or “Berhad” as part of the name.(5) If the Registrar is satisfied that a charitable company that is registered with the omission of the word “Limited” or “Berhad” from its name under this section has ceased to be a charitable company, the Registrar shall enter the word “Limited” or “Berhad” at the end of the name of the company and upon notice of that fact being given to the company, the exemption under subsection (4)(b) shall cease.”.