Document ID: chunk:federal_register_of_legislation:C2004A02585:schedule:2:p16
Version: federal_register_of_legislation:C2004A02585
Segment Type: schedule
Provision Reference: sch 2 (pt 16/20)
Character Range: 90743–93586

is made, the company shall send the copy to that person—
    (a) if the company requires payment of an amount not exceeding the prescribed amount—within 21 days after payment of the amount is received by the company or within such longer period as the Commission approves; or
    (b) in a case to which paragraph (a) does not apply—within 21 days after the request is made or within such longer period as the Commission approves.".

Registration under Instruments Ordinance 1933
104. Section 211 of the Principal Act is amended—
    (a) by omitting from sub-section (1) "the company, recognized company or recognized foreign company is not required to register, under the provisions of that Ordinance, that transfer, assignment or giving of security" and substituting "that transfer, assignment or giving of security is not required to be registered, under the provisions of that Ordinance"; and
    (b) by omitting paragraphs (2) (a) and (b) and substituting the following paragraphs:
         "(a) by reason of sub-section (1), a transfer, assignment or giving of security is not required to be registered under the provisions of the Instruments Ordinance 1933; or
         (b) by reason of the provision of the law of a participating State or participating Territory that corresponds with sub-section (1), a transfer, assignment or giving of security is not required to be registered under the law of that State or Territory mentioned in that corresponding provision,".
105. After section 215 of the Principal Act the following section is inserted in Part IV:

Charges created before commencement of this Act
"215a. (1) Notwithstanding the repeals effected by section 4—
    (a) Division 7 of Part IV of the Companies Ordinance 1962; and
    (b) any other provisions of that Ordinance that are necessary for the effectual operation of that Division,
continue in force, as if that Ordinance had not been repealed, in relation to—
    (c) any charge created by a corporation before the commencement of this Act; and

    (d) any charge to which property acquired by a corporation before the commencement of this Act was subject when the property was so acquired,
and the provisions of this Division do not apply in relation to any such charge.
"(2) Sub-section (1) operates in substitution for section 18 of the Companies (Transitional Provisions) Act 1981.".

Register of directors' shareholdings, &c.
106. Section 231 of the Principal Act is amended by omitting sub-sections (7) and (8) and substituting the following sub-sections:
"(7) A register kept by a company pursuant to this section shall be open for inspection—
    (a) by any member of the company—without charge; and
    (b) by any other person—on payment for each inspection of such amount, not exceeding the prescribed amount, as the company requires or, where the company does