398

Regulations
as to branch
register.

Ch. 31. No. 1.] Companies.

territory, or settlement situate therein, or in respect of
which a mandate under the League of Nations has been
accepted by His Majesty, and also includes British
Protectorates and Protected States.

104. (1) (a) A branch register shall be deemed to be part
of the company’s register of members (in this section
called ‘‘ the principal register ’’).

(6) It shall be kept in the same manner in which
the principal register is by this Ordinance required to be
kept, except that the advertisement before closing the
register shall be inserted in a newspaper circulating in the
district where the branch register is kept, and that anv
competent court in the United Kingdom, or Commonwealth
country where the register is kept may exercise the same
jurisdiction of rectifying the register as is under this
Ordinance exercisable by the Court.

(c) The company shall transmit to its registered
office a copy of every entry in its branch register as soon as
may be after the entry is made, and shall cause to be kept
at its registered office, duly entered up from time to time, a
duplicate of its branch register.

Every such duplicate shall, for all the purposes of this
Ordinance, be deemed to be part of the principal register.

(2) Subject to the provisions of this section
with respect to the duplicate register, the shares registered
in a branch register shall be distinguished from the shares
registered in the principal register, and no transaction with
respect to any shares registered in a branch register shall,
during the continuance of that registration, be registered in
any other register.

(ec) A company may discontinue to keep a
branch register, and thereupon all entries in that register
shall be transferred to some other branch register kept by
the company in the United Kingdom, or Commonwealth
country or to the principal register.

(f) Subject to the provisions of this Ordinance,
any company may, by its articles, make such provisions
as it may think fit respecting the keeping of branch registers.

(g) If default is made in complying with para-
graph (c) of this subsection, the company and every officer