In force2021 Revised EditionCurrent version · 2021 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Companies Act · 2021 Revised Edition · Part · Enforcement and General Provisions
Companies Act · 2021 Revised Edition · Part · Enforcement and General Provisions
Official textFrom Attorney General's Chambers, unchanged
The Registrar may, in his discretion, compound any offence under this Act which is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum of money not exceeding the lower of the following -
Registrar
"Registrar" means the Registrar of Companies appointed under section 288, and includes any Deputy Registrar or Assistant Registrar;
one half of the amount of the maximum fine that is prescribed for the offence;
On payment of such sum of money referred to in subsection (I), no further proceedings shall be taken against that person in respect of the offence.
Companies
CAP. 39 247
Registrar
"Registrar" means the Registrar of Companies appointed under section 288, and includes any Deputy Registrar or Assistant Registrar;