1912_COMPANIES_ORDINANCE__1911 — Page 55

COMPANIES.

No. 58 of 1911.

2129

(8) The register kept in pursuance of this section shall be open to inspection by any person on payment of the prescribed fee, not exceeding 50 cents for each inspection.

(9) Every company shall cause a copy of every instrument creat- ing any mortgage or charge requiring registration under this section to be kept at the registered office of the company: Provided that, in the case of a series of uniform debentures, a copy of one such debenture shall be sufficient.

of enforce- ment of security. 8 Edw. 7

c. 69 s. 94.

96.-(1) If any person obtains an order for the appointment of a Registration receiver or manager of the property of a company, or appoints such a receiver or manager under any powers contained in any instrument, he shall, within 7 days from the date of the order or of the appoint- ment under the powers contained in the instrument, give notice of the fact to the Registrar of Companies, and the Registrar shall, on payment of the prescribed fee, enter the fact in the register of mort- gages and charges.

(2) If any person makes default in complying with the require- ments of this section he shall be liable to a fine not exceeding 50 dollars for every day during which the default continues.

accounts of receivers and

managers. ib. s. 95.

97.-(1) Every receiver or manager of the property of a company Filing of who has been appointed under the powers contained in any instru- ment, and who has taken possession, shall, once in every half year while he remains in possession, and also on ceasing to act as receiver or manager, file with the Registrar of Companies an abstract in the prescribed form of his receipts and payments during the period to which the abstract relates, and shall also on ceasing to act as receiver or manager file with the Registrar notice to that effect, and the Registrar shall enter the notice in the register of mortgages and charges.

(2) Every receiver or manager who makes default in complying with the provisions of this section shall be liable to a fine not exceed- ing 500 dollars.

98. A Judge, on being satisfied that the omission to register a Rectification

of register mortgage or charge within the time hereinbefore required, or that of mortgages. the omission or misstatement of any particular with respect to ib. s. 96. such mortgage or charge, was accidental, or due to inadvertence or to some other sufficient cause, or is not of a nature to prejudice the

As amended by No. 16 of 1912.

any

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