Document ID: chunk:federal_register_of_legislation:C2004A02530:body:0:p27
Version: federal_register_of_legislation:C2004A02530
Segment Type: other
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Character Range: 66355–68990

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 1981, the charge would not have been required to be registered under Division 9 of Part IV of that Act.".

Application of Companies Act to financial years ending before commencement of Act
94. Section 20 of the Principal Act is amended—
    (a) by inserting in sub-section (1) ", 273" after "268"; and
    (b) by inserting after sub-section (3) the following sub-section:
    "(3a) For the purposes of this section, an order made by the Registrar under sub-section 162c (1) or (2) of the Companies Ordinance 1962 in relation to the directors of a company or the directors of companies included in a specified class of companies that is, by sub-section 13 (15a) or (15b) of this Act, deemed to be an order made by the Commission under sub-section 273 (1) or (5), as the case may be, of the Companies Act 1981 has the same effect, unless and until the order is revoked under sub-section 273 (8), in relation to accounts, group accounts and reports required, by the provisions of Division 2 of Part VI of the Companies Act 1981 as applied by sub-section (1) of this section, to be made out by those directors as the order has, by virtue of sub-section 13 (15a) or (15b), as the case may be, of this Act, in relation to accounts, group accounts and reports required to be made out in accordance with the provisions of that Division.".

Special investigations
95. Section 22 of the Principal Act is amended—
    (a) by omitting from sub-section (1) "(other than an investigation being carried out by an inspector or inspectors appointed under section 170 of that Ordinance)"; and
    (b) by omitting from paragraph (1) (b) "173 (1)" and substituting "170 (1)".

Repeal of section 23
96. Section 23 of the Principal Act is repealed.

PART X—COMPANIES (MISCELLANEOUS AMENDMENTS) ACT 1981

Principal Act
97. The Companies (Miscellaneous Amendments) Act 19819 is in this Part referred to as the Principal Act.

Repeal of Part IX
98. Part IX of the Principal Act is repealed.

Schedule
99. The Schedule to the Principal Act is amended by omitting—
  "Industrial Research and Development Incentives Act 1976    Sub-section 4 (1) (paragraph (a) of definition of 'eligible company')    Omit 'the law of a State or', substitute 'a law in force in a State or' ".

PART XI—AMENDMENTS OF OTHER ACTS

Amendments of other Acts
100. The Acts specified in Schedule 4 are amended as set out in that Schedule.

SCHEDULE 1 Section 7