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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 102

Company's register of charges.

102.(1) Every limited company shall keep at the same office as its register of
members is kept a register of charges and enter therein all charges
specifically affecting property of the company and all floating charges on the
undertaking or any property of the company, giving in each case a short
description of the property charged, the amount of the charge, and, except in
the case of securities to bearer, the names of the persons entitled thereto.

(2) If any officer of the company knowingly and wilfully authorises or permits
the omission of any entry required to be made in pursuance of this section, he
shall be liable to a fine not exceeding fifty pounds.


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© 1960 Crown Copyright

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