Companies Act · 2021 Revised Edition · Part · Restrictions on Sale of Shares and Offers of Shares for Sale
Section 310N
Official textFrom Attorney General's Chambers, unchanged
This section applies where the Minister, by notification published in the Gazette, directs the Registrar to maintain a central register of controllers of companies and foreign companies.
Whether the Minister has directed the Registrar to maintain a central register of controllers of companies and foreign companies under subsection (1) -
Registrar
"Registrar" means the Registrar of Companies appointed under section 288, and includes any Deputy Registrar or Assistant Registrar;
the Registrar shall keep a central register of controllers consisting of the particulars contained in the registers kept by companies and foreign companies to which this Part applies; and
the Registrar shall require any company or foreign company to which this Part applies to lodge with the Registrar -
all particulars contained in the company's or foreign company's register maintained under section 3 10F;
and
all updates to the company's or foreign company's register that occur after the lodgment of the particulars under sub-paragraph (i).
A lodgment mentioned in subsection (2)(b) shall be made in such form and manner as the Registrar may determine and within such time as may be prescribed.
If a company or foreign company fails to comply with subsection (2)(b) or (3), the company or foreign company, and every officer of the company or foreign company who is in default, shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding
$5,000.
Companies
CAP. 39 241
Except in such circumstances as may be prescribed, the
Registrar shall not disclose, or make available for inspection, the central register of controllers of companies and foreign companies kept by the
Registrar under this section to any member of the public.
member of the public
"member of the public" includes - (a) in the case of a company, any member of the company acting in the member's capacity as such; and @) in the case of a foreign company, any member of the foreign company acting in the member's capacity as such;
Codes of practice etc. [S 37/2020]
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;
member of the public
Defined · s 310B"member of the public" includes - (a) in the case of a company, any member of the company acting in the member's capacity as such; and @) in the case of a foreign company, any member of the foreign company acting in the member's capacity as such;
officer
Defined · s 2"officer", in relation to a corporation, includes - (a) any director or secretary of the corporation or a person employed in an executive capacity by the corporation; @) a receiver and manager of any part of the undertaking of the corporation appointed under a power contained in any instrument; and (c) any liquidator of a company appointed in a voluntary winding up, but does not include - (i) any receiver who is not also a manager; (ii) any receiver and manager appointed by the Court; (iii) any liquidator appointed by the Court or by the creditors; and (iv) an Executive Manager appointed by the Minister under section 230(1) of the Insolvency Order, 2016 (S 112016);
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