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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 100

Registration of enforcement of security.

100.(1) If any person obtains an order for the appointment of a receiver or
manager of the property of a company, or appoints such a receiver or manager
under any powers contained in any instrument, he shall, within seven days from
the date of the order or of the appointment under the said powers, give notice
of the fact to the registrar of companies, and the registrar shall, [on
payment of such fee as may be specified by regulations made by the Ministry],
enter the fact in the register of charges.

(2) Where any person appointed receiver or manager of the property of a
company under the powers contained in any instrument ceases to act as such
receiver or manager, he shall, on so ceasing, give the registrar of companies
notice to that effect, and the registrar shall enter the notice in the
register of charges.

(3) If any person makes default in complying with this section, he shall be
liable to a fine not exceeding five pounds for every day during which the
default continues.

[(3A) Any notice under this section shall be in the prescribed form.]

[(4) Regulations made under this section shall be subject to negative
resolution.]

Copies of instruments creating charges to be kept.



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© 1960 Crown Copyright

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