By Jeremy Au Yong

THE Reform Party, veteran politician J.B. Jeyaretnam's comeback political venture, is finally official.

On Tuesday, two months after the 82-year-old had applied to register the party, he received word that the application was approved.

The Reform Party starts with 10 committee members, who includes former members of other opposition political parties.

It's first order of business will be an inauguration dinner, set for July 11.

Mr Jeyaretnam only returned to the political fray last year, after being discharged as a bankrupt.

He became bankrupt in 2001 after failing to pay some $600,000 in lost defamation suits.