Dormant company status permits inactive companies to register with the Registrar subject to prescribed filings, fees, and reactivation procedures. The Act allows companies formed for future projects or to hold assets with no significant accounting transactions to apply to the Registrar for dormant company status. It defines 'inactive company' and 'significant accounting transaction,' lists routine exclusions, and authorises the Registrar to grant dormant status, issue certificates, maintain a register, enter names of non filing companies, require prescribed director minimums, filings and annual fee to retain status, permit reactivation by application, and strike off names for noncompliance.