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of the company, he shall be liable to a fine not ex- ceeding fifty dollars for every day between the expiration of the said period or shorter time or the day on which he ceased to be qualified, as the case may be, and the last day on which it is proved that he acted as a director.

141.-(1) If any person being an undischarged Frovisions bankrupt acts as director of, or directly or indirectly as to undis-

charged takes part in or is concerned in the management of, bankrupts any company except with the leave of the court by acting as which he was adjudged bankrupt, he shall be liable directors. on conviction on indictment to imprisonment for a 19 & 20 Geo. term not exceeding two years, or on summary convic-5, c. 23, tion to imprisonment for a term not exceeding six months or to a fine not exceeding five thousand dollars, or to both such imprisonment and fine:

Provided that a person shall not be guilty of an offence under this section by reason that he, being an undischarged bankrupt, has acted as director of. or taken part or been concerned in the management of, a company, if at the commencement of this Ordinance he was acting as director of, or taking part or being concerned in the management of, that company and has continuously so acted, taken part, or been concerned since that date and the bankruptcy was prior to that date.

(2) The leave of the court for the purposes of this section shall not be given unless notice of intention to apply therefor has been served on the official receiver and it shall be the duty of the official receiver, if he is of opinion that it is contrary to the public interest that any such application should be granted, to attend on the hearing of and oppose the granting of the application.

an

(3) In this section the expression "company" includes an unregistered company and a company incorporated outside the Colony which has established place of business within the Colony, and the expression "official receiver" means the official receiver in bankruptcy.

s. 142.

142. The acts of a director or manager shall be Validity of valid notwithstanding any defect that may afterwards acts of be discovered in his appointment or qualification.

directors. 19 & 20 Geo. 5, c. 23, B. 143. Register of

143.-(1) Every company shall keep at its regis. tered office a register of its directors or managers directors. -containing with respect to each of them the following

particulars, that is to say-

(a) in the case of an individual, his present christian name and surname, any former christian name or surname, his usual residen- tial address, his nationality, and, if that nationality is not the nationality of origin, his nationality of origin, and his business oc- cupation, if any, or, if he has no business occupation but holds any other directorship or directorships, particulars of that directorship or of some one of those directorships; and (b) in the case of a corporation, its corporate

name and registered or principal office.

(2) The company shall, within the periods respect- ively mentioned in this subsection, send to the regis- trar of companies a return in the prescribed form con- taining the particulars specified in the said register and a notification in the prescribed form of any change among its directors or in any of the particulars contained in the register.

The period within which the said return is to be sent shall be a period of fourteen days from the appointment of the first directors of the company, and the period within which the said notification of a change is to be sent shall be fourteen days from the happening thereof.

19 & 20 Geo. 5, c. 23, s. 144.

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