Document ID: chunk:federal_register_of_legislation:C2004A02530:body:0:p26
Version: federal_register_of_legislation:C2004A02530
Segment Type: other
Provision Reference: 
Character Range: 63826–66579

a specified period—to be limited to the same period.
    "(15b) An order made by the Registrar under sub-section 162c (2) of the Ordinance in respect of a specified class of companies and in force immediately before the commencement of the Act shall be deemed to be an order made by the Commission under sub-section 273 (5) of the Act relieving the directors of companies included in the specified class of companies from compliance with the requirements of the Act that correspond with the requirements of the Ordinance specified in the order and shall be deemed—
        (a) where the order required the directors of companies included in the specified class of companies to comply with other requirements relating to the form and content of accounts, group accounts or reports—to have been made on condition that the directors comply with those requirements; and
        (b) where the order made by the Registrar was limited to a specified period—to be limited to the same period."; and
    (d) by inserting in sub-section (21) ", by instrument in writing published in the Gazette," after "Commission".

Existing prospectuses and section 82 statements
92. Section 16 of the Principal Act is amended—
    (a) by omitting from sub-section (2) "as a prospectus" (first occurring); and
    (b) by omitting from sub-section (2) "be deemed to be a statement under section 170 of the Companies Act 1981 that has been registered as a prospectus under that Act" and substituting "be deemed to be a statement that has been registered under Division 1 of Part IV of the Companies Act 1981 as required by sub-section 170 (1) of that Act".

Registration of charges
93. Section 18 of the Principal Act is amended—
    (a) by inserting in sub-section (3) "on property of a company" after "relevant charge"; and
    (b) by omitting sub-section (9) and substituting the following sub-section:
    "(9) Notwithstanding the repeals effected by section 4 of the Companies Act 1981, the provisions of Division 7 of Part IV of the Companies Ordinance 1962 as amended and in force immediately
     before the commencement of this Act continue in force as if that Ordinance had not been repealed in relation to—
        (a) any charge created by a company before the commencement of the Companies Act 1981; or
        (b) any charge to which property acquired by a company before the commencement of the Companies Act 1981 was subject when the property was so acquired,
     where—
        (c) the charge was required to be registered under Division 7 of Part IV of the Companies Ordinance 1962; and
        (d) if the charge had been created by the company, or the property subject to the charge had been acquired by the company, after the commencement of the Companies Act