Act 7 Registration of Business Names Act 2008 firm or corporation so continuing the business shall send by registered post or deliver to the Registrar notice of the occurrence of such event, and the Registrar may, on being so notified or on being notified under section 14 herein, of the occurrence of such event, cancel the entry in the register relating to such individual, firm or corporation. (7) On cancelling any entry under this section, the Registrar may require any certificate issued under this Act relating thereto to be surrendered to him or her for cancellation. 21. Restriction on Registration of Certain Business Names. (1) Where, after the commencement of this Act— (a) an individual, firm or corporation is, through inadvertence or otherwise, registered under a business name under which registration under this Act ought to have been refused; or (b) a change of ownership of a business occurs as a result of which an individual, firm or corporation is carrying on business under a business name which, on an application for registration under this Act, ought to have been refused, the Registrar shall, by notice in writing, require such individual, firm or corporation to change such business name within such time as may be specified in such notice, and upon compliance with such notice the Registrar shall record such change without requiring the payment of any fee; and if default is made in complying with his or her requirements the Registrar may cancel the entry in the register relating to such individual, firm or corporation. (2) Notwithstanding the provisions of subsection (1) above, where the Registrar is reasonably satisfied that, having regard to the nature of any business the retention of the business name would not be contrary to public interest, he or she may permit the retention of such name. 18