Document ID: chunk:federal_register_of_legislation:C2004A02530:body:0:p14
Version: federal_register_of_legislation:C2004A02530
Segment Type: other
Provision Reference: 
Character Range: 33592–36385

property was so purchased.".

Company to keep documents relating to charges and register of charges
45. Section 209 of the Principal Act is amended by omitting paragraph (2) (b) and substituting the following paragraph:
    "(b) a short description of the liability (whether present or prospective) secured by the charge;".
46. Section 212 of the Principal Act is repealed and the following section substituted:

Power of Court to rectify Register, &c.
"212. Where the Court is satisfied—
    (a) that a particular with respect to a registrable charge on property of a company has been omitted from, or mis-stated in, the Register or a memorandum referred to in section 207; and
    (b) that the omission or mis-statement—
        (i) was accidental or due to inadvertence or to some other sufficient cause; or
        (ii) is not of a nature to prejudice the position of creditors or shareholders,
or that on other grounds it is just and equitable to grant relief, the Court may, on the application of the company or any person interested and on such terms and conditions as seem to the Court just and expedient, order that the omission or mis-statement be rectified.".

Notice of address of registered office and office hours
47. Section 217 of the Principal Act is amended—
    (a) by omitting sub-section (1) and substituting the following sub-section:
    "(1) On the lodging of the memorandum of a proposed company for registration, there shall be lodged with the Commission notice in the prescribed form of the address of the proposed registered office of the company."; and
    (b) by omitting from sub-section (3) "of address" and substituting "in the situation".

Certain persons not to manage corporations
48. Section 227 of the Principal Act is amended by omitting from sub-sections (1) and (2) "act as" and substituting "be".

Provisions indemnifying officers or auditors
49. Section 237 of the Principal Act is amended by adding at the end thereof the following sub-section:
"(4) For the purposes of this section, 'officer', in relation to a company, means—
    (a) a director, secretary, executive officer or employee of the company;
    (b) a receiver, or receiver and manager, of the property or part of the property of the company;
    (c) an official manager or deputy official manager of the company;
    (d) a liquidator of the company; and
    (e) a trustee or other person administering a compromise or arrangement made between the company and another person or other persons.".

Statutory meeting and statutory report
50. Section 239 of the Principal Act is amended by inserting in sub-section (2) "a copy of" after "send".

Officer or other person failing to comply with requirement of this Part
51. Section 297 of the Principal Act is amended—
    (a) by inserting in