187 Companies Seals

• Author: Ralph Hone
• Pages: #4

CHAPTER 187.

COMPANIES SEALS.

AN ACT TO ENABLE COMPANIES INCORPORATED IN THE COLONY AND CARRYING ON BUSINESS AT PLACES OUTSIDE THE COLONY TO HAVE OFFICIAL SEALS FOR USE AT SUCH PLACES.

[17th August 1948.1

1. This Act may be cited as The Companies Seals 23 of 1948.

Short title.

Act.

2. Any company incorporated under The Companies Act whose objects require or comprise the transaction of business outside of the Colony may cause to be prepared an official seal for and to be used in any place, district, or territory situate out of the Colony in which the business of the company shall be carried on;

and every such official seal may and shall be a facsimile of or as nearly as practicable a facsimile of the common seal of the company, with the exception that on the face thereof shall be inscribed the name of each and every place, district, or territory in and for which it is to be used:

Provided that it shall be lawful for any such company as aforesaid from time to time to break up and renew any official seal or seals, and to vary the limits within which it is intended to be used.

3. Every company having or using any such official seal as is authorized by this Act may from time to time, by any instrument or instruments in writing under the common seal of the company, empower any agent or agents specially appointed for the purpose, or any local agent, board, director, committee, manager, commissioner, or person appointed under the provisions of the articles of association of such company in any place, district or territory situate out of the Colony where the business of the company shall for the time being be carried on, to affix such official seal to any deed, contract, or other instrument to which the corn Official seals of companies for use in foreign countries.

Ch. 184.

Powers to companies to empower agents abroad to affix seals.

187.C.COMPAMIES SEAL~S.

pany is or shall be made a party in such place, district, or territory; and no other order of the company or the board of directors thereof shall be necessary to authorize any such seal to be affixed to any deed, contract, or other instrument.

Duration of powers granted under section 3 of this Act.

Certificate of date of sealing.

Companies to exercise powers of this Act only if authorized by articles or special resolution.

Ch. 184.

4. Every power granted under section 3 of this Act shall, as between the company, their successors and assigns...