Article 54
Refusal of registration

Besides other grounds, which the law provides for, registration shall be refused in the following cases:

a) when it is evident that the fact is not mentioned in the documentation presented;
b) when it is verified that the fact mentioned in the document is already registered or does not require registration;
c) when some legally required authorization is missing;
d) when the nullity of the fact is obvious;
e) when it is ascertained that one of the conditions has not been met upon which the necessary authorization for the constitution of the institution or the exercise of its activity depends, for instance, when one of the members of the administrative or supervisory bodies does not satisfy the legal requirements for suitability or experience, or when there are grounds for opposition under the terms of article 29 of this law.