COMPANIES AND SECURITIES LEGISLATION (MISCELLANEOUS AMENDMENTS) ACT 1985
Table of Provisions
- 1 Short title
- 2 Commencement
- 3 Principal Act
- 4 Definitions
- 5 Acquisition and disposal of, and entitlement to, shares, and associated persons
- 6 Other interpretative and evidentiary provisions
- 7
- 8 Relevant interests in shares
- 9 Acquisition of shares permitted in certain circumstances
- 10 Acquisition of not more than 3 percent of voting shares permitted in each 6 months
- 11 Take-over offers
- 12 Take-over announcements
- 13 Registration of Part A statements and offers
- 14
- 15 Variation of take-over offers
- 16 Declaration where take-over offers are conditional
- 17 Repeal of section 29
- 18
- 19 Provisions relating to dissenting shareholders
- 20 Orders where prohibited acquisitions take place
- 21 Orders where offers not dispatched pursuant to Part A statement
- 22 Orders to protect interests of certain persons
- 23 Miscellaneous provisions relating to orders
- 24
- 25 Offences
- 26 Repeal of sections 54, 63 and 64
- 27 Schedule
- 28 Further amendments relating to securities exchanges
- 29 Principal Act
- 30 Interpretation
- 31 Affairs of a corporation
- 32 Relevant interests in shares
- 33 Associated persons
- 34 Power of Commission to require production of books
- 35
- 36 Registration of auditors
- 37 Registration of liquidators
- 38 Notification of certain matters
- 39 Powers of Board in relation to auditors and liquidators
- 40 Proceedings at hearings
- 41 Notice of Board's decision
- 42 Time when Board's decision comes into effect
- 43 Appeal from decision of Board
- 44 Registers
- 45 Formation of companies
- 46 Amendment of Division heading
- 47
- 48 Legal capacity
- 49 Restrictions on companies
- 50 Repeal of section 68B
- 51 Alterations of memorandum
- 52
- 53 Contents of prospectuses
- 54 Certain notices, &c., not to be published
- 55 Application and interpretation
- 56 Substantial shareholdings and substantial shareholders
- 57
- 58 Powers of Court with respect to defaulting substantial shareholder
- 59 Approval of deeds
- 60
- 61 Interpretation
- 62
- 63
- 64 Publication of name
- 65 Vacation of office
- 66
- 67 Loans to directors
- 68 General duty to make disclosure
- 69 Benefits for loss of, or retirement from, office
- 70 Register of directors, principal executive officer and secretaries
- 71 Register of Disqualified Company Directors and Other Officers
- 72
- 73 Register and index of members
- 74 Trustee, &c., may be registered as owner of shares
- 75 Power of company to obtain information as to beneficial ownership of its shares
- 76 Powers of Court
- 77
- 78 Interpretation
- 79
- 80 Profit and loss account, balance-sheet, group accounts, & c.
- 81 Directors' reports
- 82 Relief from requirements as to accounts and reports
- 83 Members of company entitled to balance-sheet, & c.
- 84 Accounts and reports to be laid before annual general meeting
- 85 Appointment of auditors
- 86 Powers and duties of auditors as to reports on accounts
- 87 Interpretation and application
- 88 Record of examination
- 89 Admissibility of record of examination in evidence in proceedings against person examined
- 90 Admissibility in other proceedings of statements at an examination
- 91 Weight of evidence
- 92 Credibility of person who made statements
- 93 Determination of objection to admissibility of statement
- 94 Power to compromise with creditors and members
- 95 Powers of receiver
- 96 Reports by receiver
- 97 Prosecution of delinquent officers and members
- 98 Receiver to enjoy qualified privilege in certain circumstances
- 99 Payments of certain debts out of property subject to floating charge in priority to claims under charge
- 100 Certain provisions applicable to official management
- 101 Avoidance of dispositions of property, attachments, & c.
- 102 Powers of liquidator
- 103 Reports by liquidator
- 104 Expenses of winding up where property insufficient
- 105 Priority payments
- 106 Debts due to employees
- 107 Debts of a class to rank equally
- 108 Advances in respect of wages, retrenchment payments and leave of absence
- 109 Priority of employees' claims over floating charges
- 110 Provisions relating to injury compensation
- 111 Priority where security given for payment of taxes
- 112 Prosecution of delinquent officers and members
- 113 Publication of name, &c., of recognised company or recognised foreign company
- 114 Unregistered foreign company not to establish place of business or carry on business in the Territory
- 115 Notice to be lodged where documents, &c., altered
- 116 Balance-sheets and other documents
- 117 Publication of name, &c., of foreign company
- 118 Service of documents on recognised company or recognised foreign company
- 119 Offences by officers of certain companies
- 120 Offences relating to incurring of debts or fraudulent conduct
- 121 Falsification of books
- 122 Court may disqualify person from acting as director, &c., in certain circumstances
- 123
- 124 False or misleading statements
- 125
- 126 Dividends payable from profits only
- 127 General penalty provisions
- 128
- 129 Officers and other persons in default
- 130 Regulations
- 131 Operation of certain Ordinances
- 132 Schedule 4
- 133 Further amendments relating to securities exchanges
- 134 Principal Act
- 135 Regard to be had to purpose or object of relevant Act
- 136
- 137 Definitions
- 138
- 139 References to writing, printing and documents
- 140
- 141
- 142 Mention of officer in general terms
- 143
- 144 Conferral of power to make, grant or issue an instrument
- 145 Power to appoint
- 146
- 147 References to amended, re-enacted or remade laws
- 148 Heading to Part III
- 149 Insertion of Division heading
- 150
- 151
- 152 Principal Act
- 153 Schedule 1
- 154 Principal Act
- 155 Interpretation
- 156 Membership of Commission
- 157 Acting appointments
- 158 Meetings of Commission
- 159 Divisions of Commission
- 160 Engagement of consultants
- 161 Proceedings at hearings
- 162 Delegation by Commission
- 163 Repeal of section 50
- 164 Principal Act
- 165 Interpretation
- 166 Relevant interests in securities
- 167 Associated persons
- 168 Power of Commission to require production of books
- 169 Disclosure to Commission
- 170
- 171 Power of Court to make certain orders
- 172 Interpretation
- 173 Record of examination
- 174 Record to accompany report
- 175 Admissibility of record of examination in evidence in proceedings against person examined
- 176 Admissibility in other proceedings of statements at an examination
- 177 Weight of evidence
- 178 Credibility of person who made statements
- 179 Determination of objection to admissibility of statement
- 180 Provisions relating to reports
- 181 Power of Commission to make certain orders
- 182 Heading to Part III
- 183 Establishment, &c., of stock markets
- 184 Power of Ministerial Council to approve stock exchange
- 185
- 186 Securities exchanges to provide assistance to Commission
- 187 Power of Court to order observance or enforcement of business rules or listing rules of securities exchange
- 188
- 189 Further provisions relating to revocation and suspension of licences
- 190 Issue of contract notes
- 191
- 192 Short selling
- 193
- 194 Dealers' trust accounts
- 195 Certain matters to be reported to Commission
- 196 Fraudulently inducing persons to deal in securities
- 197 Restrictions on use of titles "stockbroker", "sharebroker" and "stock exchange"
- 198
- 199 Offences by bodies corporate
- 200 Further amendments relating to securities exchanges