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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 97

Endorsement of certificate of registration on debentures.

97.(1) Subject to sub-section (2), the company shall cause a copy of every
certificate of registration given under section ninety-six to be endorsed on
every debenture or certificate of debenture stock which is issued by
the company and the payment of which is secured by the charge so registered.

(2) Nothing in sub-section (1) shall be construed as requiring a company to
cause a certificate of registration of any charge so given to be endorsed on
any debenture or certificate of debenture stock issued by the company before
the charge was created.

(3) If any person knowingly and wilfully authorises or permits the delivery of
any debenture or certificate of debenture stock which under this section is
required to have endorsed on it a copy of a certificate of registration
without the copy being so endorsed upon it, he shall, without prejudice to any
other liability, be liable to a fine not exceeding one hundred pounds.


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© 1960 Crown Copyright

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