Amendment

of section 279.

Amendment of Ninth Schedule.

(b) by the deletion of the first three lines of subsection (5)

and the substitution therefor of the following—

"(s) At the expiration of the time specified in any notice referred to in subsection (3), (4) or (4A) the Registrar may, unless cause to the contrary is previously shown, strike its name off the";

(c) by the deletion of subsection (8).

Section 279 of the principal Ordinance is amended by the deletion of subsection (3) and the substitution therefor of the following-

**(3) The income on investments under this section, any profits realized on the sale of such investments and any bank interest received shall be paid into the companies liquidation account, and the Official Receiver shall on or before the 31st day of March in each year transfer to the general revenue the accumulated balance of such income, profits and bank interest, after deducting therefrom any losses on the realiza- tion of such investments.'

10. The Ninth Schedule to the principal Ordinance is amended-

(a) by the deletion of all the items under the heading "l-

BY A COMPANY HAVING A SHARE CAPITAL" and the substitution therefor of the following items-

"(a) for registration of a company

And, in addition, for every $1,000 cr part of $1,000 of the nominat share capital

(b) for registration of every increase in nominal share capital made after the first registration of any company, for every $1,000 or part of $1,000 of such increase ....YEMATIKAYNA

And, in addition, in the case of a com- pany having on the 1st day of June. 1955 a nominal share capital in excess of $3,000,000, on the first such in- crease after the said date, for every

$100

$2.00

2.00

5

$1,000 or part of $1,000 of such excess nominal share capital as re- mains unissued immediately before such increase

(e) for registration of a return of allot-

ments

And, in addition, in the case of a com- pany having on the 1st day of June, 1955 a nominal share capital in excess of $3,000,000, for every $1,000 or part of $1,000 of such excess nominal share capital allotted after the said date

НИЙ

Provided that no additional fee shall be payable under this paragraph by a company which has increased its nominal share capital and paid the additional fee under paragraph (8).

(d) for registration of any existing com- pany, except such companies as are by this Ordinance exempted from pay- ment of fees in respect of registration under this Ordinance, the same fee as is charged for the registration of a new company.

(e) for registration of any document by this Ordinance required or authorized to be registered or required to be delivered, sent or forwarded to the Registrar, other than a return of allotments or the memorandum or the abstract required to be delivered to the Registrar by a receiver or mana- ger or the statement required to be sent to the Registrar by the liquidator in a winding up

() for making a record of any fact by this Ordinance required or authorized to be recorded by the Registrar

$2.00

$5.00

.00

$5.00

$5.00."

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