All sections · Part VII: Directors · Sub-Part IV: Register of Directors

152 Filing of register of directors with Registrar

This section has been amended. The text above is the 2016 wording; the amending provisions follow.

(1) A company shall —
with Registrar

(a) in the case of a company incorporated under this Act on or after
the Act commencement date, within thirty days of the
appointment of its first director or directors under section 134;

(b) in the case of a company continued or converted into a company
under this Act, within thirty days of its continuation or
conversion; and

(c) in the case of a pre-existing company, within twelve months from
the Act commencement date,

file for registration by the Registrar a copy of its register of directors.

(2) A company that has filed for registration by the Registrar a copy of its
register of directors under subsection (1) shall, within thirty days of any
change in the content of its register of directors, file for registration by
the Registrar a copy of its updated register of directors containing the
change or changes.

(3) A company that contravenes subsection (1) or (2) shall be liable to a
penalty fee of US$500 and to an additional penalty of US$50 for each
day or part thereof during which the contravention continues.

(4) A director who knowingly permits a contravention under subsection (1)
or (2) shall be liable to a penalty fee of US$500 and to an additional
penalty of US$50 for each day or part thereof during which the
contravention continues.

Amended since 2016

Act 32 of 2021 · 2021-08-02
27. Section 152 of the principal Act is amended —
(i) in subsection (3), by repealing the words “of US$250 and an
additional penalty fee of US$25 for each day or part thereof
during which the contravention continues”, and substituting
therefor the words “not exceeding US$5,000”;
(ii) in subsection (4), by repealing the words “of US$250 and an
additional penalty fee of US$25 for each day or part thereof
during which the contravention continues”, and substituting
therefor the words “not exceeding US$5,000”.
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