S.L. 386.33 Art. 5Name and registration of a sports private limited liability company.    Cap. 626.   Cap. 626.   Cap. 492.          Cap. 626.

(1) The name of a sports private limited liability company shall, without prejudice to the provisions of the Act, include the expression "Sports Private Limited Liability Company" or

"SPLLC".

(2) In addition to the memorandum and articles of association for the formation of a sports private limited liability company, the said company shall be required to submit the following documents to the Registrar:

(a) a registration certificate confirming registration or an approval in principle, issued by the Authority for Integrity in

Maltese Sport in accordance with article 6 of the Sports

Governance and Integrity Act;

(b) a document confirming that the share capital has been deposited, issued by a bank or a financial institution licenced by the Malta Financial Services Authority;

(c) a registration certificate confirming registration or an approval in principle, issued by the recognised National Association in Malta, if applicable;

(d) any other document, which the Registrar of Companies may require according to the circumstances of the case.

(3) Where an existing Club intends to register as a sports private limited liability company, the following additional documents shall also be required:

(a) a fresh registration certificate by the Authority for

Integrity in Maltese Sport in accordance with the Sports

Governance and Integrity Act;

(b) a certificate of enrolment issued by the

Commissioner for Voluntary Organisations in accordance with article 14 of the Voluntary Organisations Act;

(c) any other document which the Registrar may require according to the circumstances of the case.

(4) The Registrar on receiving all the documents for the registration of the said company, shall forthwith register them provisionally, and upon the expiration of three (3) months from the publication of the notice referred to in article 401(1)(e), the Registrar shall register permanently the name of the company on the Register:

Provided that the Court may, on the application filed within the said period of three (3) months by any interested party who appears to the Court to have an interest, make an order deferring the date at which the name of the company shall be registered on the Register or rejecting the registration of the name of the company.

(5) When an order by the Court is made under the proviso to sub-article (4), the Registrar of Courts shall forthwith forward a copy of it to the Registrar for registration and the Registrar shall defer applying the provisions of sub-regulation (4) in accordance with the order given by the Court referred to in the said sub-regulation. In the event that the Court upholds the request of the interested party not to register the said company, the Registrar shall immediately cancel the name of such company.

(6) Any abuse by any person of the designation ‘Sports

Private Limited Liability Company’ or ‘SPLLC’, as determined by the

Sports Appeals Board, shall result in the disqualification of such person, for a period not exceeding two (2) years, from any involvement in any other sports private limited liability company, sports club,

National Federation, National Association or operator, as those terms are defined in article 2 of the Sports Governance and Integrity Act.