CAP. 32]
[8. 83 cont.]
Endorsement
of certificate
on debentures.
19 & 20 Geo. 5, c. 23, s. 83.
Companies.
particulars as are specified in subsection (7) of section 80;
(b) in the case of any other charge-
(i) if the charge is a charge created by the company, the date of its creation, and if the charge was a charge existing on property acquired by the company, the date of the acquisition of the property; and
(ii) the amount secured by the charge; and (iii) short particulars of the property charged; and
(iv) the persons entitled to the charge.
(2) The Registrar shall give a certificate under his hand of the registration of any charge registered in pursuance of this Part stating the amount thereby secured, and the certificate shall be conclusive evidence that the requirements of this Part as to registration have been complied with.
(3) The register kept in pursuance of this section shall be open to inspection by any person on payment of the prescribed fee, not exceeding one dollar for each inspection.
(4) The Registrar shall keep a chronological index, in the prescribed form and with the prescribed particulars, of the charges entered in the register.
[82
84. (1) The company shall cause a copy of every certificate of registration given under the last foregoing section to be endorsed on every debenture or certificate of debenture stock which is issued by the company, and the payment of which is secured by the charge so registered: Provided that nothing in this subsection shall be construed as requiring a company to cause a certificate of registration of any charge so given to be endorsed on any debenture or certificate of debenture stock issued by the company before the charge was created.
22 of 1950, Schedule.
(2) If any person knowingly and wilfully authorizes or permits the delivery of any debenture or certificate of debenture stock which under the provisions of this section is required to have endorsed on it a copy of a certificate of registration without the copy being so endorsed upon it, he shall, without prejudice to any other liability, be liable to a fine of two thousand dollars.
[83
64
CAP. 32]
[8. 83 cont.]
Endorsement
of certificate
on debentures.
19 & 20 Geo. 5, c. 23, s. 83.
Companies.
particulars as are specified in subsection (7) of section 80;
(b) in the case of any other charge-
(i) if the charge is a charge created by the company, the date of its creation, and if the charge. was a charge existing on property acquired by the company, the date of the acquisition of the pro- perty; and
(ii) the amount secured by the charge; and (iii) short particulars of the property charged; and
(iv) the persons entitled to the charge.
(2) The Registrar shall give a certificate under his hand of the registration of any charge registered in pur- suance of this Part stating the amount thereby secured, and the certificate shall be conclusive evidence that the require- ments of this Part as to registration have been complied with.
(3) The register kept in pursuance of this section shall be open to inspection by any person on payment of the prescribed fee, not exceeding one dollar for each inspection.
(4) The Registrar shall keep a chronological index, in the prescribed form and with the prescribed particulars, of the charges entered in the register.
[82
84. (1) The company shall cause a copy of every of registration certificate of registration given under the last foregoing section to be endorsed on every debenture or certificate of debenture stock which is issued by the company, and the payment of which is secured by the charge so registered: Provided that nothing in this subsection shall be construed as requiring a company to cause a certificate of registration of any charge so given to be endorsed on any debenture. or certificate of debenture stock issued by the company before the charge was created.
22 of 1950, Schedule.
(2) If any person knowingly and wilfully authorizes or permits the delivery of any debenture or certificate of debenture stock which under the provisions of this section is required to have endorsed on it a copy of a certificate of registration without the copy being so endorsed upon it, he shall, without prejudice to any other liability, be liable to a fine of two thousand dollars.
[83
64
No comments yet.
Private notes are available after approval.