Part 41U.K.Business names

Modifications etc. (not altering text)

Chapter 1U.K.Restricted or prohibited names

[F1Restrictions where a company has been required to change a nameU.K.

Textual Amendments

F1S. 1198A and cross-heading inserted (26.10.2023 for specified purposes, 4.3.2024 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 25(3), 219(1)(2)(b); S.I. 2024/269, reg. 2(t)

1198AName that a company has been required to changeU.K.

(1)Where a relevant direction has been given to a company to change its name, or it has been ordered under section 73 to change its name, the company must not carry on business in the United Kingdom under the name that it was directed or ordered to change, except as mentioned in subsection (2).

(2)Subsection (1) does not prevent the use by a company of a name if—

(a)the period for complying with the direction or order has not yet expired,

(b)the company complied with the direction or order and has since become registered with the name again following approval given under section 57B, or

(c)the direction was given, or the order was made, before section 25 of the Economic Crime and Corporate Transparency Act 2023 came fully into force.

(3)If a company uses a name in contravention of this section an offence is committed by—

(a)the company, and

(b)every officer of the company who is in default.

(4)A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

(5)In this section—

  • “company” includes an overseas company;

  • “relevant direction” means a direction under section 67, 75, 76, 76A or 76B, other than a direction under section 76B(1)(b) given on the basis that, at the time at which a company’s name was registered, the Secretary of State had proper grounds for forming the opinion mentioned in section 57A.]

Modifications etc. (not altering text)