260
CAP. 32]
Companies
[1984 Ed.
(6 of 1984.) [*31.8.84.]
Delivery to
Registrar of accounts of receivers and managers.
1929 c. 23. s. 310.
(b) who have taken part in the formation of the company at any time within 1 year before the date of the receiver's appointment;
(c) who are in the employment of the company, or have been in the employment of the company within the said year, and are in the opinion of the receiver capable of giving the information required;
(d) who are or have been within the said year officers of or in the employment of a company which is, or within the said year was, an officer of the company to which the statement relates.
(3) Any person making the statement and affidavit shall be allowed, and shall be paid by the receiver (or his successor) out of his receipts, such costs and expenses incurred in and about the preparation and making of the statement and affidavit as the receiver (or his successor) may consider reasonable, subject to an appeal to the
court.
(4) Where the receiver is appointed under the powers contained in any instrument, this section shall have effect with the substitution for references to the court of references to the Official Receiver and for references to an affidavit of references to a statutory declaration.
(5) If any person without reasonable excuse makes default in complying with the requirements of this section, he shall be liable to a fine of $200 for every day during which the default continues.
(6) References in this section to a receiver's successor shall include a continuing receiver or manager.
(7) This section shall not apply where the receiver or manager was appointed before the commencement* of the Companies (Amendment) Ordinance 1984.
(Added, 6 of 1984, s. 213)
301. (1) Except where section 300A(2) applies, every receiver or manager of the property of a company who has been appointed under the powers contained in any instrument shall, within 1 month, or such longer period as the Registrar may allow, after the expiration of the period of 6 months from the date of his appointment and of every subsequent period of 6 months and within 1 month after he ceases to act as receiver or manager, deliver to the Registrar for registration an abstract in the prescribed form showing his receipts and his payments during that period of 6 months, or, where he ceases to act as aforesaid, during the period from the end of the period to which the last preceding abstract related up to the date of his so ceasing, and the aggregate amount of his receipts and of his payments during all preceding periods since his appointment.
(2) Any receiver or manager who makes default in complying with the provisions of this section shall be liable to a fine of $200 for every day during which the default continues.
(Amended, 6 of 1984, s. 214)
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