NOTE. In this Form the expression "vendor" includes a vendor as defined by section 81 (2) and (3) of the Companies (Consolidation) Act, 1908, and the expression "financial year 20 has the same meaning as in section 28 of the Companies Act,

1927.

66

any case where the company is not
"required to hold a statutory meeting,
or where the allotment is made after
"the holding of the statutory meeting,
"within one month after the date of the
"allotment, and not later."

In subsection (1) after the words "A com-
pany" there shall be inserted the words
"having a share capital."

In subsection (1) after the words "limited
by shares" there shall be inserted the
words 66 or a company limited by
"guarantee and having a share capital."
At the end of the section there shall be
inserted the following new subsection :--

"(2) If a company makes default
in complying with the requirements
of this section, the company and every
director, manager, secretary or other
officer of the company who knowingly
and wilfully authorises or permits the
default shall be liable to a fine not
exceeding five pounds for every day
during which the default continues."

A.D. 1927.

2ND SCH. -cont.

Amendment.

5

In proviso (5) the word "other" shall be
substituted for the word "lower," and
at the end of the section there shall be
inserted the following new subsection:-
(2) If default is made in
complying with the requirements
of proviso 7 to subsection (1) of
this section the company and every
director, manager, secretary or 10
other officer of the company who
knowingly and wilfully authorises
or permits the default shall be
liable to a fine not exceeding fifty
pounds."

For the words "a judge of the High Court"
there shall be substituted the words "the
court", after the words "such mortgage

66

15

or charge" there shall be inserted the words " or in a memorandum of 20 "satisfaction," and for the words "the judge" there shall be substituted the words "the court."

In subsection (1) after the word "keep

66

there shall be inserted the words "at the 25
registered office of the company," and
after the words "the company" there
shall be inserted the words " and all floating
"charges on the undertaking or any pro-

66

perty of the company."

30

In subsection (2) for the words "any judge
"of the High Court sitting in chambers or
"the judge of the court exercising the
"stannaries jurisdiction in the case of
"companies subject to that jurisdiction" 35
there shall be substituted the words "the
"court."

In subsection (1) the word "forthwith" shall
be omitted.

After the words "When a winding-up order 40
"has been made " there shall be inserted
the words "or a provisional liquidator has
"been appointed."

After the words "by the company" there
shall be inserted the words "or otherwise 45
"as may be prescribed."

Amendment.

In subsection (1) for the words" in a winding-
up by the court the liquidator" there
shall be substituted the words "where a
"winding-up order has been made or
"where a provisional liquidator has been

66

appointed, the liquidator or the pro-
"visional liquidator, as the case may be."

In subsection (1) paragraph (c) shall be
omitted, and for paragraph (d) there shall
be substituted the following paragraph :

"(d) to appoint a solicitor or law
agent to assist him in the perform-
ance of his duties."

In subsection (2) after paragraph (ƒ) there
shall be inserted:

"(ff) to appoint an agent to
do any business which the liquidator
is unable to do himself."

At the end of subsection (1) there shall be
added the following proviso :-

"Provided that, where it appears to
the court that it will not be necessary
to make calls on or adjust the rights
of contributories, the court may dis-
pense with the settlement of a list of
contributories."

In subsection (2) after the word "shall"
where it first occurs there shall be inserted
the words "within fourteen days from the
"date thereof."

In subsection (1) for the words "after it has
"made a winding-up order" there shall
be substituted the words "at any time
"after the appointment of a provisional
liquidator or the making of a winding-
up order."

66

A.D. 1927.

2ND SCH. -cont.