Companies.

making an order for rectification of the register, shall by its order direct notice of the rectification to be given to the Registrar.

101. No notice of any trust, expressed, implied, or constructive, shall be entered on the register, or be receivable by the Registrar, in the case of companies registered in the Colony.

102. The register of members shall be prima facie evidence of any matters by this Ordinance directed or authorized to be inserted therein.

Local or Branch Registers.

103. (1) The Registrar may, subject to instruction from the Governor, issue an annual licence, available for the period of one year, to any company whose objects comprise the transaction of business outside the Colony, empowering such company, if it is authorized so to do by its regulations as originally framed or as altered by special resolution, to keep in any place in which it transacts business a register or registers of members: Provided that a company applying for such licence must satisfy the Registrar by a statutory declaration to be filed with him or otherwise that a substantial part of the business of the company is carried on at or near the place where it desires to keep such register. Every such licence shall be valid only until the 31st day of December next following the date on which it is issued:

always that where the period between the date of the issue of the first annual licence to a company and the 31st day of December next following is less than a year, a proportionate part only of the fee mentioned in subsection (2) shall be charged.

(2) An annual fee at the rate of four cents for every one hundred dollars of the paid-up capital of the company to which the licence is issued shall be paid by such company in respect of such licence. Such fees shall be paid to the Accountant General within four months of the date of the licence.

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Trusts not to be entered on register.

ibid. s. 101.

Register to be evidence.

ibid. s. 102.

Power for company to keep local or branch register.

19 & 20 Geo. 5. c. 23. s. 103.

1 of 1949, s. 12.

(3) When the Registrar has reasonable cause to believe that a company is keeping in any place where it transacts 1 of 1949, s. 12.

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