COMPANIES.
No. 58 of 1911.
2087
same conditions as if the application for the entry were made by the transferee.
30. A transfer of the share or other interest of a deceased member made by his personal representative shall, although the personal representative is not himself a member, be as valid as if he had been a member at the time of the execution of the instrument of transfer.
8 Edw. 7 c. 69 s. 29.
31.—(1) The register of members, commencing from the date of the registration of the company, shall be kept at the registered office of the company, and, except when closed under the provisions of this Ordinance, shall during business hours (subject to such reasonable restrictions as the company in general meeting may impose, so that not less than 2 hours in each day be allowed for inspection) be open to the inspection of the Registrar of Companies or of any member without fee, and to the inspection of any other person on payment of 50 cents, or such less sum as the company may prescribe, for each inspection.
(2) Any member or other person may require a copy of the register, or of any part thereof, or of the list and summary required by this Ordinance or any part thereof, on payment of 25 cents or such less sum as the company may prescribe, for every 100 words or fractional part thereof required to be copied.
(3) If any inspection or copy required under this section is refused, the company shall be liable for each refusal to a fine not exceeding 20 dollars, and to a further fine not exceeding 20 dollars for every day during which the refusal continues, and every director and manager of the company who knowingly authorises or permits the refusal shall be liable to the like penalty; and any Judge may by order compel an immediate inspection of the register.
(4) If such inspection or copy cannot be obtained at the registered office of the company with the exercise of a reasonable amount of diligence the company shall be liable to the same penalties as if such inspection or copy had been actually refused.
32. A company may, on giving notice by advertisement in some newspaper circulating in the Colony, and in the case of a company with a local register also in some newspaper circulating in the place where the local register is kept, close the register of members for any time or times not exceeding in the whole 30 days in each year.
* As amended by No. 16 of 1912.
COMPANIES.
No. 58 of 1911.
2087
same conditions as if the application for the entry were made by the transferee.
30. A transfer of the share or other interest of a deceased member Transfer by personal re- of a company made by his personal representative shall, although
presentative. the personal representative is not himself a member, be as valid as 8 Edw. 7 if he had been a member at the time of the execution of the instru- ment of transfer.
c. 69 s. 29.
31.—(1) The register of members, commencing from the date of Inspection of register the registration of the company, shall be kept at the registered office of members. of the company, and, except when closed under the provisions of il.s.30. this Ordinance, shall during business hours (subject to such reason- able restrictions as the company in general meeting may impose, so that not less than 2 hours in each day be allowed for inspection) be open to the inspection of the Registrar of Companies or of any mem- ber without fee, and to the inspection of any other person on payment of 50 cents, or such less sum as the company may prescribe, for each inspection.
(2) Any member or other person may require a copy of the register, or of any part thereof, or of the list and summary required by this Ordinance or any part thereof, on payment of 25 cents or such less sum as the company may prescribe, for every 100 words or fractional part thereof required to be copied.
(3) If any inspection or copy required under this section is refused, the company shall be liable for each refusal to a fine not exceeding 20 dollars, and to a further fine not exceeding 20 dollars for every day during which the refusal continues, and every director and manager of the company who knowingly authorises or permits the refusal shall be liable to the like penalty; and any Judge may by order compel an immediate inspection of the register.
(4) If such inspection or copy cannot be obtained at the registered office of the company with the exercise of a reasonable amount of diligence the company shall be liable to the same penalties as if such inspection or copy had been actually refused.
to close
32. A company may, on giving notice by advertisement in some Power newspaper circulating in the Colony, and in the case of a company register. with a local register also in some newspaper circulating in the place ib. s. 31. where the local register is kept, close the register of members for any time or times not exceeding in the whole 30 days in each year.
* As amended by No. 16 of 1912.
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