303
14. Section 103 of the Principal Ordinance is hereby Amendment -amended by the insertion of the words “ the Company and" of section 103 after the word “refused,” at the end of the first line of sub- of Principal section (2).
Ordinance.
15. Section 109 of the Principal Ordinance is hereby Amendment amended by the insertion of the words "in the English of section 109 language" between the words "
and "in" in statement
of Principal Ordinance the sixth line of sub-section (1).
29
16. Section 113 of the Principal Ordinance is hereby Amendment amended :-
of section 113 of Principal (a.) by the insertion of the following sub-see- Ordinance.
tion, to be numbered (1) :-
*
The Registrar shall prepare and pub- lish by notification in the Gazette a list of the names of all such persons who, having made application to be appointed auditors for the purposes of this Ordinance, are in his opinion qualified to perform the duties required by this Ordinance to be performed by an auditor. The Registrar may in his discretion add to such list the names of any other persons whom he may deem to be qualified, as aforesaid, and he may re- move from such list any of such names. All such alterations shall be published in the Gazette. Such list as altered from time to time shall be deemed to be the list of authorised auditors, and no person other than those whose names are included in such list shall be appointed to be an au- ditor under the provisions of this Ordi- nance Any decision of the Registrar under this sub-section shall be subject to appeal to the Court.”
(b.) by the re-numbering of sub-sections (1), (2), (3), (4), (5), (6) and (7) as (2), (3), (4), (5), (6), (7) and (8).
(c.) by the addition at the end of sub-section
(4) of the following words :--
"If a Company shall appoint a single Auditor, he shall not be a shareholder in the Company of which he is so appointed Auditor and if a Company shall appoint more than one Auditor, at least one of such Auditors shall not be a shareholder in the Company of which such Auditors are so appointed Auditors."
(d.) by the addition at the end of sub-section
(5) of the following proviso :-
Provided further that if the name of the retiring auditor is not included in the list of authorized auditors no such notice as is provided for in this sub-section shall be required."
185 of Prin-
17. Section 185 of the Principal Ordinance is hereby Amendment amended by the addition of the following sub-section :— of section
“(7.) The words 'transferee company' shall include cipal Ordi- any company whether incorporated in or out- nance, side the Colony.”
18. Section 253 of the Principal Ordinance is hereby Amendment amended:
of section 253 of Prin-
11
(a) by the insertion of the words "elsewhere than cipal Ordi- in the United Kingdom or a British Possession nance. after the word “Colony” in the first line of sub-section (1).
(b.) by the insertion of the following sub-section to
be numbered (2):~
(2.) A company incorporated in the United
Kingdom or in a British Possession outside the Colony, which shall have filed with the Registrar of Companies the documents specified in paragraphs (4), (b) and (e) of sub-section (1) of section 252, shall have the same