Companies. [Ch. 31. No. 1.

399

of the company who is in default shall be liable to a default
fine.

(2) An instrument of transfer of a share registered in
a branch register shall be deemed to be a transfer of property
situate out of the Colony, and, unless executed in this
Colony, shall be exempt from stamp duty chargeable in
the Colony.

105. If by virtue of the law in force in the United King-
dom, or any Commonwealth country companies incorporated
under that law have power to keep in the Colony branch
registers of their members resident in the Colony, the
Governor in Council may by order direct that sections 98
and 100 shall, subject to any modifications and adaptations
specified in the order, apply to and in relation to any such
branch registers kept in the Colony as they apply to and in
relation to the registers of companies within the meaning
of this Ordinance

Annual returns.

106. (1) Every company having a share capital shall once
at least in every year make a return containing a list of all
persons who, on the fourteenth day after the first or only
ordinary general meeting in the year, are members of the
company, and of all persons who have ceased to be members
since the date of the last return or, in the case of the first
return, of the incorporation of the company.

(2) The list must state the names, addresses, and
occupations of all the past and present members therein
mentioned, and the number of shares held by each of the
existing members at the date of the return, specifying
shares transferred since the date of the last return or, in
the case of the first return, of the incorporation of the com-
pany by persons who are still members and have ceased to
be members respectively and the dates of registration of
the transfers, and, if the names therein are not arranged in
alphabetical order, must have annexed to it an index
sufficient to enable the name of any person in the list to be
readily found:

Provided that, where the company has converted any of
its shares into stock and given notice of the conversion to
the Registrar, the list must state the amount of stock held

Stamp duties
in case of
shares
registered in
branch
registers.

Provisions
as to branch
registers of
British
companies
kept in the
Colony.

Annual
return to be
made by
company
having a
share capital.