Commonwealth Numbered Acts

COMPANIES ACT 1981 No. 89 of 1981 - SECT 6

6. A reference in section 12 or 15, Part VII, section 320, paragraph 364(1)
(f), section 388 or 541, sub-section 560 (1) or section 564 to affairs of a
corporation shall, unless the contrary intention apears, be construed as
including a reference to-

   (a)  the promotion, formation, membership, control, business, trading,
        transactions and dealings (whether alone or jointly with another
        person or other persons and including transactions and dealings as
        agent, bailee or trustee), property (whether held alone or jointly
        with another person or other persons and including property held as
        agent, bailee or trustee), liabilities (including liabilities owed
        jointly with another person or other persons and liabilities as
        trustee), profits and other income, receipts, losses, outgoings and
        expenditure of the corporation;

   (b)  in the case of a corporation (not being an authorized trustee
        corporation) that is a trustee (but without limiting the generality of
        paragraph (a))-matters concerned with the ascertainment of the
        identity of the persons who are beneficiaries under the trust, their
        rights under the trust and any payments that they have received, or
        are entitled to receive, under the terms of the trust;

   (c)  the internal management and proceedings of the corporation;

   (d)  any act or thing done (including any contract made and any transaction
        entered into) by or on behalf of the corporation, or to or in relation
        to the corporation or its business or property, at a time when-

        (i)    a receiver, or a receiver and manager, is in possession of, or
               has control over, the whole or any part of the property of the
               corporation;

        (ii)   the corporation is under official management;

        (iii)  a compromise or arrangement made between the corporation and
               another person or other persons is being administered; or

        (iv)   the corporation is being wound up,

and, without limiting the generality of the foregoing, any conduct of such a
receiver or such a receiver and manager, of any official manager or deputy
official manager of the corporation, of any person administering such a
compromise or arrangement or of any liquidator or provisional liquidator of
the corporation;

   (e)  the ownership of shares in, debentures of, and prescribed interests
        made available by, the corporation;

   (f)  the power of persons to exercise, or to control the exercise of, the
        rights to vote attached to shares in the corporation or to dispose of,
        or to exercise control over the disposal of, such shares;

   (g)  matters concerned with the ascertainment of the persons who are or
        have been financially interested in the success or failure, or
        apparent success or failure, of the corporation or are or have been
        able to control or materially to influence the policy of the
        corporation;

   (h)  the circumstances under which a person acquired or disposed of, or
        became entitled to acquire or dispose of, shares in, debentures of, or
        prescribed interests made available by, the corporation;

   (j)  where the corporation has made available prescribed interests-any
        matters concerning the financial or business undertaking, scheme,
        common enterprise or investment contract to which the interests
        relate; and

   (k)  matters relating to or arising out of the audit of, or working papers
        or reports of an auditor concerning, any matters referred to in any of
        the preceding paragraphs.