54CReservation of scheme name and body corporate name

54C Reservation of scheme name and body corporate name (1) A person may apply to the Registrar-General for the reservation of 1 or both of the following for a proposed scheme: (a) a scheme name; (b) a body corporate name. (2) The application must specify the proposed scheme land and each name to be reserved. Land Title Act 2000 39 (3) The Registrar-General must refuse to reserve a name if: (a) it has already been used for another scheme; or (b) it has already been reserved under this section; or (c) the Registrar-General otherwise considers it is inappropriate to be used for a scheme (including, for example, because it is offensive). (4) The reservation ceases to have effect at the earliest of the (a) the end of 2 years after the Registrar-General reserved the name; (b) if the applicant applied for an extension before the end of the 2 years – the end of a further period specified by the Registrar-General that is not longer than 1 year; (c) if the applicant withdraws the application – the time of the withdrawal.