Application of Part III to charges created, and property subject to charge ac- quired by
company
incorporated
outside the Colony.
19 & 20 Geo.
5, c. 23,
s. 90.
Provision
as to charges created, and charges
on property acquired, by company before com- mencement of Ordin-
ance.
19 & 20 Geo. 5, c. 23.
s. 91.
Registered
office of
company.
19 & 20 Geo. 5, c. 23, $. 92.
1560
refusal, shall be liable to a fine not exceeding fifty dollars, and a further fine not exceeding twenty dollars for every day during which the refusal continues.
(3) If any such refusal occurs in relation to a com- pany registered in the Colony, the court may by order compel an immediate inspection of the copies or register.
Application of Part III. to Companies incorporated outside the Colony.
90. The provisions of this Part of this Ordinance shall extend to charges on property in the Colony which are created, and to charges on property in the Colony which is acquired, after the commencement of this Ordinance, by a company (whether a company within the meaning of this Ordinance or not) incor- porated outside the Colony which has an established place of business in the Colony.
Transitional Provision as to matters required to be registered under this Ordinance, but not under former Ordinances.
91.-(1) It shall be the duty of a company within six months after the commencement of this Ordinance to send to the registrar of companies for registration the prescribed particulars of
(a) any charge created by the company before the date of the commencement of this Ordin- ance and remaining unsatisfied at that date, which would have been required to be regis- tered under the provisions of paragraphs (g), (h) and (i) of subsection (2) of section seventy-nine of this Ordinance or under the provisions of section ninety of this Ordinance, if the charge had been created after the com. mencement of this Ordinance; and
(b) any charge to which any property acquired by the company before the commencement of this Ordinance is subject and which would have been required to be registered under the provisions of section eighty-one of this Ordin- ance or under the provisions of section ninety of this Ordinance, if the property had been acquired after the commencement of this Ordinance.
(2) The registrar, on payment of the prescribed fee, shall enter the said particulars on the register kept by him in pursuance of this part of this Ordinance.
(3) If a company fails to comply with this section, the company and every director, manager, secretary or other officer of the company, or other person who is knowingly a party to the default shall be liable to a fine not exceeding five hundred dollars for every day during which the default continues:
Provided that the failure of the company shall not prejudice any rights which any person in whose favour the charge was made may have thereunder.
(4) For the purposes of this section, the expression "company" includes a company (whether a company within the meaning of this Ordinance or not) incor- porated outside the Colony which has an established place of business in the Colony.
PART IV.
MANAGEMENT AND ADMINISTRATION. Registered Office and Name.
92.-(1) A company shall, as from the day on which it begins to carry on business or as from the twenty-eighth day after the date of its incorporation, whichever is the earlier, have a registered office in the Colony (or, in the case of a China company, within