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,

Amendment.

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:- 5
"(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,
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

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."