Companies Act · 2021 Revised Edition · Part · Restrictions on Sale of Shares and Offers of Shares for Sale
Section 3105
Official textFrom Attorney General's Chambers, unchanged
A person who knows or ought reasonably to know that the person is a registrable controller in relation to a company or foreign company shall -
notify the company or foreign company, as the case may be, that the person is a registrable controller in relation to the company or foreign company;
state the date, to the best of the person's knowledge, on which the person became a registrable controller in relation to the company or foreign company; and
provide such other information as the Registrar may determine.
The person mentioned in subsection (1) shall comply with the requirements of that subsection within such period as may be prescribed after the date on which that person first know or ought reasonably to have known that the person was a registrable controller.
A person need not comply with the requirements of subsection (I) if the person has received a notice from the company or foreign company under section 310G(2) and has complied with the requirements of the notice within the time specified in the notice for compliance.
If a person fails to comply with subsection (I) or (2), the person is guilty of an offence and liable on conviction to a fine not exceeding
$5,000.
Terms defined in this Act
foreign company
Defined · s 2"foreign company" means any company incorporated outside Brunei Darussalam which has established a place of business in Brunei Darussalam under Part 9;
Registrar
Defined · s 2"Registrar" means the Registrar of Companies appointed under section 288, and includes any Deputy Registrar or Assistant Registrar;
Part
Prohibition of Partnerships with More Than Twenty Members
Part