Section 106
of International Business Companies Order, 2000
Section 106
(1)
On written request made to an IBC, and on payment of the prescribed fee –
(i)
any officer, member, debenture holder, director or liquidator of an IBC or a foreign international company, or the Authority or;
Incorporating amendments until S 53/2017
(Clean Vesion) NANI/zimah _ as of 11 February 2020
85
BLUV as at 20th June 2017
(ii)
any other person with the written permission of such director, liquidator or of the Authority in either case with cogent reasons for searching having been supplied by such person to the Authority as the case may be, may, personally or by an attorney, inspect during business hours –
(a)
the share register (or registers);
(b)
the register of debenture-holders maintained under section 59(3);
(c)
the register of mortgages and charges required by section 105(4);
(d)
the register of directors and secretaries required by section 67;
(e)
any books, records, minutes and consents required by section 105(1), and may make copies of or take extracts from any such register.
(2)
If a request under subsection (1) is submitted by an attorney for any person, the request must be accompanied by a power of attorney authorising the attorney to act for that person.
(3)
If any register or any item falling within subsection (1) is in a form which cannot be read by the human eye, the IBC shall provide a suitable means for inspection and for taking legible copies.
(4)
An IBC or any other person who fails to comply with this section or obstructs any person wishing to exercise a right to inspect or take copies in accordance with this section shall be guilty of an offence and liable on conviction to a fine not exceeding two thousand dollars.
Incorporating amendments until S 53/2017
(Clean Vesion) NANI/zimah _ as of 11 February 2020
86
BLUV as at 20th June 2017