Commonwealth Numbered Acts

COMPANIES ACT 1981 No. 89 of 1981 - SECT 159

159. (1) For the purpose of the preparation of a report that is required by
this Act to be signed by or on behalf of the directors of a borrowing
corporation or any of them, that corporation may, by notice in writing,
require any of its guarantor corporations to furnish it with any information
relating to that guarantor corporation that is required by this Act to be
contained in that report, and that guarantor corporation shall furnish the
borrowing corporation with that information before such date, being a date not
earlier than 14 days after the notice is given, as is specified for that
purpose in the notice.

(2) If a corporation fails to comply with a requirement contained in a notice
given pursuant to sub-section (1), that corporation and any officer of that
corporation who is in default are each guilty of an offence.