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Share Blocks Control Act 1980 (Act No. 59 of 1980)

9. Provisions as to name of share block company


(1) No share block scheme shall be operated by any company, unless the expression "share block" or "aandeleblok" is included in or forms part of the name of that company.


(2) If any company changes its name to comply with the provisions of subsection (1), no fees shall be payable to the Registrar in respect of such change of name.


(3) A company which operates a share block scheme shall not carry on business under any name, title or description other than the name under which it is incorporated or registered, being a name which complies with the provisions of subsection (1): Provided that this subsection shall not be so construed that the provisions thereof apply in respect of the name of any building on immovable property in respect of which the company operates a share block scheme.