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bruneilawsby aturio
In force1984 Revised Edition
Contents

Section 12

(1)

If without reasonable excuse any firm, individual, or corporation by this Act required to furnish a statement of particulars, or of any change in particulars, or a notice that it or he has ceased to carry on business or has abandoned a business name makes default in so doing in the manner or within the time prescribed by this Act or both -

(a)

every partner in the firm, or the individual or corporation so in default shall be guilty of an offence: Penalty, a fine of $25 for every day during which the default continues; and

(b)

the court exercising jurisdiction to impose the penalty under paragraph (a) shall order a statement or a corrected statement, as the case may be, of the required particulars or change in the particulars or a notice that the firm, individual, or corporation has ceased to carry on business or has abandoned the business name to be furnished to the Registrar within such time as is specified in the order.

(2)

The expression "'default" within the meaning of sections 11, 12 and 13 shall include the furnishing of a state-ment of particulars or of any change in particulars, incorrect to the knowledge or the person signing it in some material particular.

Business Names

Report

Read on from s 13