✨ Cook Islands Native Companies Regulations
SEPT. 13.] THE NEW ZEALAND GAZETTE. 2401
- Where the Registrar or other officer is empowered by these regulations to do any act for which a fee is payable, he may refuse to do such act until the fee is paid.
- Every person may inspect any document lodged with the Registrar on payment of the fee prescribed for such inspection.
- Any copy of or extract from any document or part of a document kept and registered at any office for the registration of Native companies shall, if duly certified to be a true copy under the hand of the Registrar, without proof of the signature of the Registrar, be received in evidence in all proceedings, civil or criminal, as of equal validity with the original documents.
- (1.) Every proposed Native company shall nominate a manager thereof, and after registration shall at all times continue to have some person nominated or appointed as its manager.
(2.) Every application to register a Native company shall contain the following particulars:—
(a.) The name of the proposed Native company.
(b.) The objects for which such proposed Native company is to be established.
(c.) The place at which the registered office of such Native company is to be established.
(d.) The amount of capital (if any) of the Native company, and the shares into which the same is to be divided.
(e.) The names of—
(1.) All members of the Native company and their respective shares in the capital (if any);
(2.) The directors thereof;
(3.) The manager thereof;
(4.) The secretary thereof.
(f.) The remuneration of whatever kind and from whatever source payable to—
(1.) Each director;
(2.) The manager;
(3.) The secretary;
(4.) Any other officer of the company.
Such application shall be signed by the nominated manager of the company, who shall certify to the correctness of the above particulars.
(3.) The Registrar, upon being satisfied as to the correctness of the above particulars, and upon receipt of the prescribed fee, shall issue a certificate of registration in the form set out in the First Schedule hereto.
(4.) The manager shall at all times and from time to time immediately notify the Registrar of any changes whatever in the above particulars, so that at all times such particulars shall be up to date in the Register, and failure to comply with this provision shall be an offence punishable by a fine not exceeding £50. - No person shall be capable of being or continuing to hold office as a director or manager of a Native company who is—
(a.) A minor;
(b.) A person of unsound mind;
(c.) A bankrupt who has not obtained his order of discharge, or whose order of discharge is suspended for a term not yet expired, or is subject to conditions not yet fulfilled;
(d.) A person convicted of any offence punishable by imprisonment, unless he has received a free pardon, or has served his sentence, or otherwise suffered the penalty imposed upon him. - (1.) Every director or manager of a Native company who receives any payment or remuneration of any kind other than that stated in the particulars from time to time supplied under clause 9 hereof commits an offence, and shall be liable for each offence to a fine not exceeding £50.
(2.) Any money or remuneration so received may be recovered by the Native company, or its liquidators in the event of winding-up at any time and treated as part of its funds or assets. - (1.) A general meeting of the members of a Native company shall be held once at least in every year, and such meeting shall be convened by the manager or the directors.
(2.) The manager or directors shall at any time call an extraordinary general meeting of members on the requisition in writing, of at least one-third of the members. - (1.) The accounts and transactions of all Native companies shall be inspected and audited at such times and from time to time
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 1923, No 68
NZLII —
NZ Gazette 1923, No 68
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Cook Islands Native Companies Regulations, 1923
(continued from previous page)
🌏 External Affairs & Territories10 September 1923
Native Companies, Regulations, Cook Islands, Registration, Liability, Resident Commissioner