COMPANIES ACT (NORTHERN IRELAND) 1960

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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 119



119.(1) Every company having a share capital shall, once at least in every
year, make a return containing with respect to the registered office of
the company, registers of members and debenture holders, shares and
debentures, indebtedness, past and present members and directors and
secretary, the matters specified in Part I of the Fifth Schedule, and the said
return shall be in the form set out in Part II of that Schedule, so, however,
that

(a)a company need not make a return under this sub-section either in the year
of its incorporation or, if it is not required by section one hundred and
twenty-five to hold an annual general meeting during the following year, in
that year;

(b)where the company has converted any of its shares into stock and given
notice of the conversion to the registrar of companies, the list referred to
in paragraph 5 of Part I of the Fifth Schedule must state the amount of stock
held by each of the existing members instead of the amount of shares and the
particulars relating to shares required by that paragraph;

(c)the return may, in any year, if the return for either of the two
immediately preceding years has given as at the date of that return the full
particulars required by the said paragraph 5, give only such of the
particulars required by that paragraph as relate to persons ceasing to be or
becoming members since the date of the last return and to shares transferred
since that date or to changes as compared with that date in the amount of
stock held by a member.

(2) In the case of a company keeping a dominion register

(a)references in paragraph (c) of sub-section (1) to the particulars required
by the said paragraph 5 shall be taken as not including any such particulars
contained in the dominion register, in so far as copies of the entries
containing those particulars are not received at the registered office of
the company before the date when the return in question is made; and

(b)where an annual return is made between the date when any entries are made
in the dominion register and the date when copies of those entries are
received at the registered office of the company, the particulars contained in
those entries, so far as relevant to an annual return, shall be included in
the next or a subsequent annual return as may be appropriate having regard to
the particulars included in that return with respect to the company's register
of members.

(3) If a company fails to comply with this section, the company and every
officer of the company who is in default shall be liable to a default fine.

(4) For the purposes of this section and of Part I of the Fifth Schedule
"director" and "officer" shall include any person in accordance with whose
directions or instructions the directors of the company are accustomed to act.

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Northern Irish Legislation

COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 119