2134
Power of companies incorporated outside the Colony to hold lands by consent. 8 Edw. 7, c. 69, s. 275.
No. 58 of 1911.
COMPANIES.
(5) If any company to which this section applies fails to comply with any of the requirements of this section, the company, and every officer or agent of the company, shall be liable to a fine not exceeding five hundred dollars, or, in the case of a continuing offence, fifty dollars for every day during which the failure continues.
(6) For the purposes of this section---
(a) "certified" means certified to the satisfaction of the Registrar of Companies to be a true copy or a correct translation;
(b) "director" includes any person occupying the position of director, by whatever name called;
(c) "place of business" includes a share transfer or share registration office; and
(d) “prospectus" means any prospectus, notice, circular, advertisement, or other invitation, offering to the public for subscription or purchase any shares or debentures of the company.
(7) There shall be paid to the Registrar of Companies for registering any document required by this section to be filed with him a fee of three dollars or such smaller fee as may be prescribed.
253. -(1) No company incorporated outside the Colony elsewhere than in the United Kingdom or a British possession, may hereafter acquire immovable property in the Colony unless----
(a) it is empowered by its constitution to acquire immovable property; and
(b) it shall have filed with the Registrar of Companies the documents and particulars specified in section 252 (1) (a), (b) and (c); and
(c) it shall have obtained the special consent of the Governor in Council.
(2) A company incorporated in the United Kingdom or in a British possession outside the Colony, which shall have filed with the Registrar of Companies the documents specified in section 252 (1), (a), (b) and (c), shall have the same power
* As amended by No. 22 of 1913.
2134
Power of companies incorporated outside the Colony to hold lands by consent. 8 Edw. 7,
c. 69, s. 275.
*
No. 58 of 1911.
COMPANIES.
(5) If any company to which this section applies fails to comply with any of the requirements of this section, the company, and every officer or agent of the company, shall be liable to a fine not exceeding five hundred dollars, or, in the case of a continuing offence, fifty dollars for every day during which the failure continues.
(6) For the purposes of this section---
(a) "certified" means certified to the satisfaction of the Registrar of Companies to be a true copy or a correct translation;
(b)
"director" includes any person occupying the posi- tion of director, by whatever name called;
(e) "place of business" includes a share transfer or share registration office; and
(d) “prospectus" means any prospectus, notice, circular, advertisement, or other invitation, offering to the public for subscription or purchase any shares or debentures of the company.
(7) There shall be paid to the Registrar of Companies for registering any document required by this section to be filed with him a fee of three dollars or such smaller fee as may be prescribed.
253. -(1) No company incorporated outside the Colony elsewhere than in the United Kingdom or a British posses- sion, may hereafter acquire immovable property in the Colony
unless----
(a) it is empowered by its constitution to acquire immov- able property; and
(b) it shall have filed with the Registrar of Companies the documents and particulars specified in section 252 (1) (a), (b) and (c); and
(e) it shall have obtained the special consent of the Governor in Council.
(2) A company incorporated in the United Kingdom or in a British possession outside the Colony, which shall have filed with the Registrar of Companies the documents specified in section 252 (1), (a), (b) and (c), shall have the same power
* As amended by No. 22 of 1913.
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