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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 94

Duty of company to register charges created by company.

94.(1) It shall be the duty of a company to send to the registrar of companies
for registration the particulars of every charge created by the company and of
the issues of debentures of a series requiring registration under section
ninety-three, but registration of any such charge may be effected on the
application of any person interested therein.

(2) Where registration is effected on the application of some person other
than the company, that person shall be entitled to recover from the company
the amount of any fees properly paid by him to the registrar on the
registration.

(3) If any company makes default in sending to the registrar for registration
the particulars of any charge created by the company or of the issues of
debentures of a series requiring registration as aforesaid, then, unless the
registration has been effected on the application of some other person,
the company and every officer of the company who is in default shall be liable
to a default fine of fifty pounds.


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© 1960 Crown Copyright

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