54. Inappropriate use of indications of company type or legal form

(1) The Board may make rules prohibiting the use in a company name of specified words, expressions or other indications—
(a) that are associated with a particular type of company or form of organisation, or
(b) that are similar to words, expressions or other indications associated with a particular type of company or form of organisation.
(2) The rules may prohibit the use of words, expressions or other indications—
(a) in a specified part, or otherwise than in a specified part, of a company's name,
(b) in conjunction with, or otherwise than in conjunction with, such other words, expressions or indications as may be specified.
(3) A company must not be registered under these Regulations by a name that consists of or includes anything prohibited by rules made under this section.
(4) In this section "specified" means specified in rules made under this section.