✨ Companies Act and Bonus Notices
1626
THE NEW ZEALAND GAZETTE.
Be it therefore enacted by the Queen's Most Excellent
Majesty, by and with the advice and consent of the Lords
Spiritual and Temporal, and Commons, in this present Par-
liament assembled, and by the authority of the same, as
follows:-
Short Title and construction.
- This Act may be cited for all purposes as "The Com-
panies (Colonial Registers) Act, 1883;" and this Act shall, so
far as is consistent with the tenor thereof, be construed as
one with the Companies Acts, 1862 to 1880, and the said Acts
and this Act may be referred to as the Companies Acts, 1862
to 1883.
Definitions.
2. In this Act the term "company" means a company
registered under "The Companies Act, 1862," and having a
capital divided into shares. The term "shares" includes
stock. The term "colony" does not include any place
within the United Kingdom, the Isle of Man, or the Channel
Islands, but includes such territories as may for the time
being be vested in Her Majesty by virtue of an Act of Parlia-
ment for the government of India, and any plantation, terri-
tory, or settlement situate elsewhere within Her Majesty's
dominions.
Power for companies to keep colonial registers.
3. (1.) Any company whose objects comprise the transac-
tion of business in a colony may, if authorized so to do by its
regulations, as originally framed or as altered by special
resolution, cause to be kept in any colony in which it
transacts business a branch register or registers of members
resident in such colony.
(2.) The company shall give to the Registrar of Joint-
Stock Companies notice of the situation of the office where
any such branch register (in this Act called a colonial
register) is kept, and of any change therein, and of the dis-
continuance of any such office in the event of the same
being discontinued.
(3.) A colonial register shall, as regards the particulars
entered therein, be deemed to be a part of the company's
register of members, and shall be primâ facie evidence of all
particulars entered therein. Any such register shall be kept
in the manner provided by the Companies Acts, 1862 to 1880,
with this qualification, that the advertisement mentioned in
section thirty-three of "The Companies Act, 1862," shall be
inserted in some newspaper circulating in the district wherein
the register to be closed is kept, and that any competent
Court in the colony where such register is kept shall be
entitled to exercise the same jurisdiction of rectifying the
same as is by section thirty-five of "The Companies Act,
1862," vested, as respects a register, in England and Ireland
in Her Majesty's superior Courts of law or equity, and that
all offences under section thirty-two of "The Companies
Act, 1862," may, as regards a colonial register, be prose-
cuted summarily before any tribunal in the colony where
such register is kept having summary criminal jurisdiction.
(4.) The company shall transmit to its registered office a
copy of every entry in its colonial register or registers as soon
as may be after such entry is made, and the company shall
cause to be kept at its registered office, duly entered up
from time to time, a duplicate or duplicates of its colonial
register or registers. The provisions of section thirty-two of
"The Companies Act, 1862," shall apply to every such
duplicate; and every such duplicate shall, for all the pur-
poses of the Companies Acts, 1862 to 1880, be deemed to be
part of the register of members of the company.
(5.) Subject to the provisions of this Act with respect to
the duplicate register, the shares registered in a colonial
register shall be distinguished from the shares registered in
the principal register; and no transaction with respect to
any shares registered in a colonial register shall, during the
continuance of the registration of such shares in such
colonial register, be registered in any other register.
(6.) The company may discontinue to keep any colonial
register, and thereupon all entries in that register shall be
transferred to some other colonial register kept by the com-
pany in the same colony, or to the register of members kept
at the registered office of the company.
(7.) In relation to stamp duties the following provisions
shall have effect:-
(a.) An instrument of transfer of a share registered in a
colonial register under this Act shall be deemed to be
a transfer of property situated out of the United
Kingdom, and, unless executed in any part of the
United Kingdom, shall be exempt from British stamp
duty:
(b.) Upon the death of a member registered in a colonial
register under this Act the share or other interest of
the deceased member shall, for the purposes of this
Act, so far as relates to British duties, be deemed to
be part of his estate and effects situated in the United
Kingdom for or in respect of which probate or letters
of administration is or are to be granted, or whereof
an inventory is to be exhibited and recorded, in like
manner as if he were registered in the register of
members kept at the registered office of the company.
(8.) Subject to the provisions of this Act any company
may, by its regulations as originally framed or as altered by
special resolution, make such provisions as it may think fit
respecting the keeping of colonial registers.
Bonuses on Colonial Industries.
Colonial Secretary's Office,
Wellington, 2nd February, 1883.
NOTICE is hereby given that the following bonuses will
be paid on articles produced in the Colony of New
Zealand, as under:-
SILK.
A bonus of fifty per cent. on the value realized for the first
thousand pounds' (£1,000) worth of cocoons of the silkworm,
or silkworms' eggs, produced in the colony, to be paid on
quantities of not less value than fifty pounds (£50) nor more
than one hundred pounds (£100) produced by any one person.
MANGANEISEN AND MANGANESE-BRONZE.
A bonus of five hundred pounds (£500) will be given for
the first two thousand five hundred pounds' (£2,500) worth of
manganeisen, and a similar bonus for a like amount of man-
ganese-bronze, produced in the colony from New Zealand
ores, and sold at a fair market price in a foreign market.
MARBLE.
A bonus of three hundred pounds (£300) will be given for
the first fifteen hundred pounds (£1,500) worth of New
Zealand marble exported from the colony, and sold in a
foreign market at a price of not less than 9s. per cubic foot.
ANTIMONY.
A bonus of five hundred pounds (£500) will be given for
the first 250 tons of antimony regulus produced in the
colony from New Zealand ores, and sold at a fair market
price in a foreign market.
Conditions.
- Notice of intention to claim any of the above bonuses
must be given in writing to the Colonial Secretary not later
than the 31st December, 1883. - The claim must be made before the 30th June, 1884.
- The first claimant of any bonus who proves to the satis-
faction of the Government that he has fulfilled all the con-
ditions to be the recipient of the bonus. - The other conditions as to quantity, priority, quality,
and value to be fulfilled to the satisfaction of an officer
appointed for the purpose by the Government.
Further information and particulars may be obtained by
application at the Colonial Secretary's Office.
WROUGHT-IRON.
A bonus of one thousand pounds (£1,000) will be given for
the production in New Zealand, by a direct process, of 200
tons of "iron blooms," of marketable quality, from ore pro-
duced in New Zealand.
Conditions.
- The bonus not to be given for any quantity less than
100 tons. - Notice of the intention to erect ironworks and claim the
bonus must be given to the Colonial Secretary before the 31st
December, 1883. - The bonus must be claimed before the 31st December,
- In the event of more than one claimant giving such
notice, not more than seven-tenths of the bonus may be
claimed by the first producer, and not more than three-tenths
by the second producer; but, if only one claimant becomes a
producer on the above conditions, he may claim the whole of
the bonus. - The iron in respect of which any bonus is claimed, and
the ore from which it is manufactured, will be examined by
an officer to be appointed by the Government, who may
require the production of bonâ fide account-sales of quan-
tities not less than 100 tons weight, showing that such iron
has been sold at a fair market price as wrought-iron.
THOMAS DICK.
Additional Bonuses on Colonial Industries.
Colonial Secretary's Office,
Wellington, 24th September, 1883.
NOTICE is hereby given that the following bonuses will
be paid on articles produced in the Colony of New
Zealand, as under:---
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✨ LLM interpretation of page content
🏛️ The Companies (Colonial Registers) Act, 1883
🏛️ Governance & Central AdministrationCompanies Act, Colonial Registers, Shares, Regulations
🏭 Bonuses on Colonial Industries
🏭 Trade, Customs & Industry2 February 1883
Bonuses, Silk, Manganeisen, Manganese-Bronze, Marble, Antimony, Wrought-Iron
- THOMAS DICK
🏭 Additional Bonuses on Colonial Industries
🏭 Trade, Customs & Industry24 September 1883
Bonuses, Colonial Industries
NZ Gazette 1883, No 119