Trusts not to be
entered on register.
19 & 20 Geo. 5, c. 23, s. 101.
Register to he evidence. 19 & 20 Geo, 5, c. 23, s. 102.
Power for
company to keep local or branch register. 19 & 20 Geo.
5, c. 23, s. 103.
1566
(2) Where an application is made under this sec- tion, the court may either refuse the application or may order rectification of the register and payment by the company of any damages sustained by any party aggrieved.
(3) On an application under this section the court may decide any question relating to the title of any person who is a party to the application to have his name entered in or omitted from the register, whether the question arises between members or alleged mem- bers, or between members or alleged members on the one hand and the company on the other hand, and generally may decide any question necessary or expedient to be decided for rectification of the register.
(4) In the case of a company required by this Ordinance to send a list of its members to the registrar of companies, the court, when 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 or any trust, expressed, implied, or constructive, shall be entered on the register, or be receivable by the registrar, in the case of com- panies registered in the Colony.
102. The register of members shall be primâ facie evidence of any matters by this Ordinance directed or authorised to be inserted therein.
Local or Branch Registers.
subject
103.-(1) The registrar of companies may, to instruction from the Governor, issue an annual licence, available for the period of one year, to any company other than a China company whose objects comprise the transaction of business outside the Colony, empowering such company, if it is authorised 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: Frovided that a company applying for such licence must satisfy the registrar of companies 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: Provided always that where the period bteween 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 sub-section (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 Treasurer within four months of the date of the licence.
(3) When the registrar of companies has reasonable cause to believe that a company not being a China company is keeping in any place where it transacts business outside the Colony a register of members, without having a valid licence under this Ordinance, he shall publish in the Gazette and send to the company a notice that at the expiration of two months from the date of such notice the name of the company mentioned therein will, unless cause to the contrary is shown, be struck off the register and the company will be dissolved.
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