1964_COMPANIES_ORDINANCE — Page 168

278

CAP. 32]

Companies

[1984 Ed.

all in such form and containing such particulars and including copies of such documents as the company is required to prepare by the law for the time being applicable to the company in the place of its incorporation or origin; and

(b) its auditors' report, if any, on the said balance sheet and

accounts.

(2) The Registrar may, if he is of the opinion that the balance sheet, profit and loss account and documents referred to in subsection (1) do not sufficiently disclose the company's financial position, require the company to deliver to him for registration a balance sheet and profit and loss account within such period, in such form and, subject to subsection (3), containing such particulars and including such documents as he by notice in writing given to the company requires, and the company shall comply with the requirements set out in the notice.

(3) Subsection (2) does not authorize the Registrar to require a balance sheet or profit and loss account to contain any particulars or include any documents that would not be required to be furnished if the company were a company incorporated under this Ordinance.

(4) Where an oversea company is not required by the law of the place of its incorporation or origin to prepare a balance sheet and profit and loss account, the company shall prepare and deliver to the Registrar for registration-- (Amended, 6 of 1984, s. 232)

(a) a balance sheet and profit and loss account within such period, in such form and containing such particulars and including such documents as the company would have been required to prepare if it were a company incorporated under this Ordinance, and

(b) a report by qualified auditors on the said balance sheet and

profit and loss account.

(5) If any return, balance sheet, profit and loss account, group accounts or document delivered to the Registrar for registration under this section is not written in the English language, there shall be annexed to it a certified translation thereof in English. (Amended, 6 of 1984, s. 232)

(6) This section shall not apply to a company which-- (a) if it were incorporated under this Ordinance would be a private company within the meaning of section 29, or (b) in the opinion of the Registrar has substantially the same

general characteristics as such a private company,

and which is not required by the law of the place of its incorporation or origin to publish its accounts or to deliver copies to any person in whose office they may be inspected as of right by members of the public.

(Replaced, 80 of 1974, s. 15)