Companies Act (Cap. 386)

Companies Act (Cap. 386), article 8

Official PDF on legislation.mt

8. An agreement to pay a share of the profits of a partnership to a person in total or partial remuneration for his services s hall not, of itself, make him a partner. Partnership name.9. (1) Subject to the provisions of sub-articles (2) and (3), a partnership may be designated by any name. (2) A partnership shall not be registered by a name which - (a) is the same as the name of another commercial partnership or so nearly similar as in the opinion of the Registrar it could create confusion; or (b) is in the opinion of the Registrar offensive or otherwise undesirable; or (c) has been reserved for registration for another commercial partnership by notice in writing to the Registrar given not more than three months before the date of the second request: Provided that the Registrar shall notify any refusal under this sub-article without delay t o the person requesting the registration. (3) For the purposes of sub-article (2)( b) , t h e R e g i s t r a r s h a l l have regard to the names of the partners, the business or propo sed business of the partnership and to the protection of the names of individuals who are no t connected in any wa y with the partnersh ip. Penalties.10. Any person who knowingly makes use of a name falsely implying the existence of a partn ership shall be liable to a pe nalty. Contributions deemed to be made in ownership.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.