Compantes. [Ch. 31. No. 1.

89. (1) The copies of instruments creating any charge
Tequiring registration under this Part of this Ordinance
with the Registrar, and the register of charges kept in
pursuance of the last foregoing section, shall be open during
business hours (but subject to such reasonable restrictions
as the company in general meeting may impose, so that not
less than two hours in each day shall be allowed for inspec-
tion) to the inspection of any creditor or member of the
company without fee, and the register of charges shall also
be open to the inspection of any other person on payment
of such fee, not exceeding twenty-four cents for each
inspection, as the company may prescribe.

(2) If inspection of the said copies or register is
refused, any officer of the company refusing inspection, and
every director and manager of the company authorising
or knowingly and wilfully permitting the refusal, shall be
liable to a fine of twenty-five dollars, and a further fine of
ten dollars for every day during which the refusal continues.

(3) If any such refusal occurs in relation to a company
registered in the Colony, the Court may by order compel
an immediate inspection of the copies or register.

Application of Part III. to companies incorporated outside
the Colony.

90. The provisions of this Part of this Ordinance shall

extend to charges on property in the Colony which are to

created, and to charges on property in the Colony which is
acquired, after the commencement of this Ordinance by a
company (whether a company within the meaning of this
Ordinance or not) incorporated outside the Colony which has
an established place of business in the Colony.

Transitional provision as to matters required to be registered
under thts Ordinance, but not under the former Ordinance.

91. (1) It shall be the duty of a company within six
months after the commencement of this Ordinance to send
to the Registrar for registration the prescribed particulars
of—

(a) any charge created by the company before the
date of the commencement of this Ordinance and

389

Right to
inspect
copies of
instruments
creating
charges and
company’s
register of
charges.

Application
rt IIT.

to Charges
created, and
property
subject to
charge
acquired by
company iD-
corporated
outside the
Colony.

Provision as
to charges
created, and
charges on
property
acquired, by
company
before com-
mencement
of Ordinance.

 

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