Commonwealth Numbered Acts

COMPANIES ACT 1981 No. 89 of 1981 - SECT 509

509. (1) There shall appear in legible characters on every relevant document
of a recognized company or recognized foreign company (other than a banking
corporation) that is issued, signed or published in the Territory-

   (a)  the name of the recognized company or recognized foreign company and
        the State or Territory where it is incorporated or registered as a
        foreign company; and

   (b)  in the case of a recognized foreign company the liability of the
        members of which is limited (unless the last word of its name is the
        word
''Limited'' or the abbreviation ''Ltd.'')-notice of the fact that the
liability of its members is limited, and, if default is made in complying with
this sub-section, the recognized company or recognized foreign company is
guilty of an offence.

Penalty: $1,000.

(2) If an officer of a recognized company or recognized foreign company, or
any person on behalf of a recognized company or recognized foreign company-

   (a)  issues or publishes in the Territory, or authorizes the issue or
        publication in the Territory, of any business letter, statement of
        account, order for goods, order for services, official notice or
        publication of the recognized company or recognized foreign company
        that does not comply with the requirements of sub-section (1); or

   (b)  signs or issues in the Territory, or authorizes to be signed or issued
        in the Territory, on behalf of the recognized company or
        recognized foreign company, any bill of exchange, promissory note,
        cheque or other negotiable instrument, indorsement on, or order in, a
        bill of exchange, promissory note, cheque or other negotiable
        instrument, or any receipt or letter of credit, that does not comply
        with the requirements of sub-section (1), he is guilty of an offence.

Penalty: $1,000.

(3) If an officer of a recognized company or a recognized foreign company or
any person on behalf of a recognized company or a recognized foreign company
signs or issues in the Territory, or authorizes to be signed or issued in the
Territory, on behalf of the recognized company or recognized foreign company,
any bill of exchange, promissory note, cheque or other negotiable instrument,
indorsement on, or order in, a bill of exchange, promissory note, cheque or
other negotiable instrument, or any letter of credit, that does not comply
with the requirements of sub-section (1), he is liable to the holder of the
instrument or letter of credit for the amount due on it unless that amount is
paid by the recognized company or recognized foreign company, as the case may
be.

(4) A recognized company or recognized foreign company (other than a banking
corporation) shall paint or affix and keep painted or affixed on the outside
of every office or place in the Territory in which its business is carried on,
in a conspicuous position and in letters easily legible-

   (a)  its name and the State or Territory where it is incorporated, or
        registered as a foreign company;

   (b)  in the case of a recognized foreign company the liability of the
        members of which is limited (unless the last word of its name is the
        word
''Limited'' or the abbreviation ''Ltd.'')-notice of the fact that the
liability of its members is limited; and

   (c)  in the case of the office or place that is the principal office in the
Territory-the words ''Principal Office'', and, if default is made in complying
with this sub-section, the recognized company or recognized foreign company is
guilty of an offence.

Penalty: $1,000.
(5) In this section, ''relevant document'', in relation to a recognized
company or a recognized foreign company, means a business letter, statement of
account, invoice, order for goods, order for services, official notice,
publication, bill of exchange, promissory note, cheque or other negotiable
instrument, indorsement on, or order in, a bill of exchange, promissory note,
cheque or other negotiable instrument, receipt and letter of credit of or
purporting to be issued or signed by or on behalf of the recognized company or
recognized foreign company.