What the bill does: it amends the Companies Act and Limited Partnerships Act and, basically, fixes the anomaly. As we've heard, the Companies Act 1993 does not prohibit the registration of a new company with a name that is identical or nearly identical to that of an existing limited partnership. By contrast, the Limited Partnership Act 2008 does prohibit the registration of a new limited partnership with a name that's identical or nearly identical to that of an existing company. The bill amends a section of the Companies Act 1993 stating the basis on which the Registrar of Companies may approve the reservation of a new company name. 