Companies Act · 2021 Revised Edition · Part · Restrictions on Sale of Shares and Offers of Shares for Sale
310C. Meaning of "registrable"
Official textFrom Attorney General's Chambers, unchanged
For the purposes of this Part, in relation to a company (X), or a foreign company (Y), a controller (A) is registrable unless -
A's significant interest in or significant control over X is only through one or more controllers (B) of X;
significant interest
"significant interest", in relation to a company or a foreign company, has the meaning given to it in Schedule 17.
Companies
CAP. 39 227
A is a controller of B (or each B if more than one); and
B (or each B if more than one) is either -
a company, or foreign company to which this Part applies, that is required to keep a register of controllers under section 3 1 OF;
foreign company
"foreign company" means any company incorporated outside Brunei Darussalam which has established a place of business in Brunei Darussalam under Part 9;
a company that is set out in Schedule 15;
a foreign company that is set out in Schedule 16;
a corporation which shares are listed for quotation on a securities exchange.
State of mind of corporation, unincorporated association etc. [S 37/2020]
Terms defined in this Act
corporation
Defined · s 2"corporation" means any body corporate formed, incorporated or existing in Brunei Darussalam or outside Brunei Darussalam and includes any company to which Part 9 applies and any limited liability partnership but does not include - (a) any body corporate incorporated in Brunei Darussalam which is by notification published in the Gazette declared to be a public body or agency of the Government or a body corporate which is not incorporated for commercial purposes; (b) any corporation sole; (c) any co-operative society; (d) any registered trade union;
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;
securities exchange
Defined · s 2"securities exchange" means securities exchange as defined in section 2(1) of the Securities Markets Order, 20 13 (S 59/20 13)…
significant control
Defined · s 310B"significant control", in relation to a company or a foreign company, has the meaning given to it in Schedule 17;
significant interest
Defined · s 310B"significant interest", in relation to a company or a foreign company, has the meaning given to it in Schedule 17.
Part
Prohibition of Partnerships with More Than Twenty Members
Part