Section 5. Restriction on name of insurer

5. Restriction on name of insurer. — (1) An insurer shall not be registered by a name identical with that by which an insurer in existence is already registered, or so nearly resembling that name as to be 1. Ins. by Act 20 of 1940, s. 3. 2. Subs. by Act 6 of 1946, s. 3, for certain words (w.e.f. 20-3-1946). 3. Subs. by Act 41 of 1999, s. 30 and the First Schedule, for "Controller" (w.e.f. 19-4-2000). 4. Ins. by s. 30 and the First Schedule, ibid. (w.e.f. 19-4-2000). 5. Sub-section (6) omitted by Act 32 of 1965, s. 2 (w.e.f. 29-9-1965). 6. Subs. by Act 41 of 1999, s. 30 and the First Schedule, for sub-section (7) (19-4-2000). 7. Subs. by Act 5 of 2015, s. 7, for section 3A (w.e.f. 26-12-2014). 8. Ins. by Act 6 of 1946, s. 4 (w.e.f. 20-3-1946). 9. Subs. by Act 5 of 2015, s. 8, for section 4 (w.e.f. 26-12-2014). calculated to deceive except when the insurer in existence is in the course of being dissolved and signifies his consent to the[1] [Authority], ==> picture [471 x 97] intentionally omitted <==