COMPANIES ACT, 1929 
577 
authority or with any society or body incorporated by 
Royal Charter; or 
contains the word ‘‘ Co-operative.” 
() 
18.—(1) Where it is proved to the satisfaction of the Board of 
Trade 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, and 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 Board 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 Board of Trade under this section may 
be granted on such conditions and subject to such regulations 
as the Board think fit, and those conditions and regulations shall 
be binding on the association, and shall, if the Board so direct, be 
inserted in the memorandum and articles. or in one of those docu- 
ments. 
Power to 
dispense with 
“Limited” in 
name of charit: 
able and other 
companies. 
(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 Board of Trade, 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 cease to enjoy the 
exemptions and privileges granted by this section: 
Provided that, before a licence is so revoked, the Board shall 
give to the association notice in writing of their intention, and shall 
afford the association an opportunity of being heard in opposition 
to the revocation. 
(5) Where the name of the association contains the words 
“Chamber of Commerce,” the notice to be given as aforesaid shall 
include a statement of the effect of the provisions of subsection (3) » 
the: next following section of this Act. 
19.—(1) A company may, by special resolution and with the Change of name. 
approval of the Board of Trade signified in writing, change its name 
(2) If a company, through inadvertence or otherwise, is, 
without such consent as is mentioned in paragraph (a) of subsection 
(1) of section seventeen of this Act, registered by a name which is 
identical with that by which a company in existence is previously 
registered, or which so nearly resembles that name as to be calculated 
to deceive, the first-mentioned company may chan~ ‘+ name 
with the sanction of the registrar. 
(3) Where a licence granted in pursuance of the last foregoing 
section of this Act to a company the name of which contains the 
words “Chamber of Commerce’’ is revoked. the companv shall