All sections · Part X: Conversions · Sub-Part I: General provisions
190 Declaration of compliance
(1) For the purposes of this Part, a declaration of compliance is a declaration,
signed by a director, that all the requirements of this Act in respect of the
conversion of a company have been fulfilled.
(2) The Registrar, when performing his functions under this Act, may rely
upon a declaration of compliance in all respects and accordingly is not
bound to enquire further as to whether, in relation to any conversion or
transfer, the provisions of this Act have been complied with.
(3) A director who without reasonable excuse makes a declaration which is
false, deceptive or misleading in a material particular commits an offence
and is liable on conviction to a fine not exceeding US$10,000.
signed by a director, that all the requirements of this Act in respect of the
conversion of a company have been fulfilled.
(2) The Registrar, when performing his functions under this Act, may rely
upon a declaration of compliance in all respects and accordingly is not
bound to enquire further as to whether, in relation to any conversion or
transfer, the provisions of this Act have been complied with.
(3) A director who without reasonable excuse makes a declaration which is
false, deceptive or misleading in a material particular commits an offence
and is liable on conviction to a fine not exceeding US$10,000.
