1923_COMPANIES_ORDINANCE__1911 — Page 40

HK Historical Laws 香港歷史法例 All AI Reviewed
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2040

Validity of

acts of direc-

tors. 8 Edw. 7, c. 69, s. 74.

List of direc-

tors to be

sent to

No. 58 of 1911.

COMPANIES.

fixed by the regulations of the company, obtain his qualification, or if after the expiration of such period or shorter time he ceases at any time to hold his qualification; and a person vacating office under this section shall be incapable of being re-appointed director of the company until he has obtained his qualification.

(3) If after the expiration of the said period or shorter time any unqualified person acts as a director of the company, he shall be liable to a fine not exceeding fifty dollars for every day between the expiration of the said period or shorter time and the last day on which it is proved that he acted as a director.

75. The acts of a director shall be valid notwithstanding any defect that may afterwards be discovered in his appointment or qualification.

76.—(1) Every company shall keep at its registered office a register containing the names and addresses and the Registrar of occupations of its directors, and send to the Registrar of Companies a copy thereof (which shall be printed in the English language), and from time to time notify to the Registrar of Companies any change among its directors.

Companies. 8 Edw. 7, c. 69, s. 75.

Duties of directors as to accounts.

[cf. s. 27 (3).]

(2) If default is made in compliance with this section, the company shall be liable to a fine not exceeding fifty dollars for every day during which the default continues; and every director of the company who knowingly and wilfully authorises or permits the default shall be liable to the like penalty.

Duties of directors as to accounts.

77.—(1) The directors shall cause true accounts to be kept—

(a) of the sums of money received and expended by the company and the matter in respect of which such receipt and expenditure takes place; and

(b) of the assets and liabilities of the company.

And for this purpose they shall cause to be kept the following books, namely:—

* As amended by No. 22 of 1913 and Law Rev. Ord., 1924.

† As amended by No. 22 of 1913, No. 12 of 1921 and Law Rev. Ord., 1924.

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2040 Validity of acts of direc- tors. 8 Edw. 7, c. 69, s. 74. List of direc- tors to be sent to No. 58 of 1911. COMPANIES. fixed by the regulations of the company, obtain his qualification, or if after the expiration of such period or shorter time he ceases at any time to hold his qualification; and a person vacating office under this section shall be incapable of being re-appointed director of the company until he has obtained his qualification. (3) If after the expiration of the said period or shorter time any unqualified person acts as a director of the company, he shall be liable to a fine not exceeding fifty dollars for every day between the expiration of the said period or shorter time and the last day on which it is proved that he acted as a director. 75. The acts of a director shall be valid notwithstanding any defect that may afterwards be discovered in his appointment or qualification. 76.—(1) Every company shall keep at its registered office a register containing the names and addresses and the Registrar of occupations of its directors, and send to the Registrar of Companies a copy thereof (which shall be printed in the English language), and from time to time notify to the Registrar of Companies any change among its directors. Companies. 8 Edw. 7, c. 69, s. 75. Duties of directors as to accounts. [cf. s. 27 (3).] (2) If default is made in compliance with this section, the company shall be liable to a fine not exceeding fifty dollars for every day during which the default continues; and every director of the company who knowingly and wilfully authorises or permits the default shall be liable to the like penalty. Duties of directors as to accounts. 77.—(1) The directors shall cause true accounts to be kept— (a) of the sums of money received and expended by the company and the matter in respect of which such receipt and expenditure takes place; and (b) of the assets and liabilities of the company. And for this purpose they shall cause to be kept the following books, namely:— * As amended by No. 22 of 1913 and Law Rev. Ord., 1924. † As amended by No. 22 of 1913, No. 12 of 1921 and Law Rev. Ord., 1924. Page 40 Page 41
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2040 Validity of acts of direc- tors. 8 Edw. 7, c. 69, s. 74. List of direc- tors to be sent to No. 58 of 1911. COMPANIES. fixed by the regulations of the company, obtain his qualifica- tion, or if after the expiration of such period or shorter time he ceases at any time to hold his qualification; and a person vacating office under this section shall be incapable of being re-appointed director of the company until he has obtained his qualification. (3) If after the expiration of the said period or shorter time any unqualified person acts as a director of the company, he shall be liable to a fine not exceeding fifty dollars for every day between the expiration of the said period or shorter time and the last day on which it is proved that he acted as a director. 75. The acts of a director shall be valid notwithstanding any defect that may afterwards be discovered in his appoint- ment or qualification. 76.—(1) Every company shall keep at its registered office a register containing the names and addresses and the Registrar of occupations of its directors, and send to the Registrar of Companies a copy thereof (which shall be printed in the English language), and from time to time notify to the Registrar of Companies any change among its directors. Companies. 8 Edw. 7, c. 69, s. 75. * Duties of directors as to accounts. [cf. s. 27 (3).j + (2) If default is made in compliance with this section, the company shall be liable to a fine not exceeding fifty dollars for every day during which the default continues; and every director of the company who knowingly and wilfully authorises or permits the default shall be liable to the like penalty. Duties of directors as to accounts. 77.-(1) The directors shall cause true accounts to be kept- (a) of the sums of money received and expended by the company and the matter in respect of which such receipt and expenditure takes place; and (b) of the assets and liabilities of the company. And for this purpose they shall cause to be kept the following books, namely:-- * As amended by No. 22 of 1913 and Law Rev. Ord., 1924. † As amended by No. 22 of 1913, No. 12 of 1921 and Law Rev. Ord., 1924. Page 40Page 41
2026-05-03 07:57:54 · Baseline
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2040

Validity of

acts of direc-

tors. 8 Edw. 7, c. 69, s. 74.

List of direc-

tors to be

sent to

No. 58 of 1911.

COMPANIES.

fixed by the regulations of the company, obtain his qualifica- tion, or if after the expiration of such period or shorter time he ceases at any time to hold his qualification; and a person vacating office under this section shall be incapable of being re-appointed director of the company until he has obtained his qualification.

(3) If after the expiration of the said period or shorter time any unqualified person acts as a director of the company, he shall be liable to a fine not exceeding fifty dollars for every day between the expiration of the said period or shorter time and the last day on which it is proved that he acted as a director.

75. The acts of a director shall be valid notwithstanding any defect that may afterwards be discovered in his appoint- ment or qualification.

76.—(1) Every company shall keep at its registered office a register containing the names and addresses and the Registrar of occupations of its directors, and send to the Registrar of Companies a copy thereof (which shall be printed in the English language), and from time to time notify to the Registrar of Companies any change among its directors.

Companies. 8 Edw. 7,

c. 69, s. 75.

*

Duties of directors as to accounts.

[cf. s. 27 (3).j

+

(2) If default is made in compliance with this section, the company shall be liable to a fine not exceeding fifty dollars for every day during which the default continues; and every director of the company who knowingly and wilfully authorises or permits the default shall be liable to the like penalty.

Duties of directors as to accounts.

77.-(1) The directors shall cause true accounts to be kept-

(a) of the sums of money received and expended by the company and the matter in respect of which such receipt and expenditure takes place; and

(b) of the assets and liabilities of the company.

And for this purpose they shall cause to be kept the following books, namely:--

* As amended by No. 22 of 1913 and Law Rev. Ord., 1924.

† As amended by No. 22 of 1913, No. 12 of 1921 and Law Rev. Ord., 1924.

Page 40Page 41

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