Companies Act Amendment Act 1902 (WA)

ZU cairn %ttotratta.

ANNO SEOUNDO

EDWARDI VII. REGIS.

*************************.*******************************

No. XIX.

AN ACT to amend the Companies Act, 1893.

[Assented to, I ith, December, 1902.]

lative Assembly of Western Australia, in this present Parliament BE it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legis-

assembled, and by the authority of the same, as follows:-

Act, 1902, and shall be read as\one with the Companies Act, 1893, Short title. 1. THIS Act may be cited as the Companies Act Amendment

hereinafter referred to as the principal Act.

2. SECTION one hundred and ninety-eight of the principal Amendment of 56

Act is hereby amended by adding the following subsection:— Wet., No. 8, See. 198.

(6.) Where any foreign company shall, by power of attorney (1893), See. 9. See S.A. Act, No. 576

(hereinafter referred to as the original power of attorney) under its common seal, or executed in such manner as to be binding on the company, empower some person, whether in the State of Western Australia or elsewhere, to act as its attorney with the powers referred to in sub- section one, and such attorney shall, in exercise of a power thereby conferred, delegate such powers to any other person or appoint a substitute in the said State to

2° EDWARDI VII., No. 19.

Companies Act—Amendment.

exercise such powers, such company shall be deemed to have complied with the preceding subsections of this section..

(a.) A declaration with respect to such original power of attorney shall be made by one of the directors or the general manager or secretary of the com- pany, in accordance with the provisions of subsection two, and such declaration shall be indorsed on or annexed to such original power of attorney.

(b.) The deed under which such powers as aforesaid are delegated, or substitutionary power of attorney, as the case may be (which deed and substitu- tionary power of attorney, as the case may be, are hereinafter included in the designation " the sub-power of attorney "), shall be executed in the presence of two witnesses, and there shall be attached thereto a statutory declaration, made before a notary, or other person authorised to

take the same, by one of such attesting wit-

nesses to the effect that such sub-power of

attorney has been duly executed.

(c.) The company shall deposit in the office of the Registrar of Companies the original power of attorney, or a -duly authenticated office copy thereof, and also the sub-power of attorney with the respective declarations attached thereto, and, if the company shall be incorporated, evidence of its incorporation pursuant to section two hundred and ten of the principal Act.

(d.) The attorney acting under the sub-power of

attorney shall comply with subsection five.

Amendment of 3. SECTION two hundred and one of the principal Act is

Section 201.

hereby amended by striking out the words " one week," in line six,

and inserting in place thereof the words " one month or such .

extended time as may be allowed under special circumstances by

the Registrar."

In the name and on behalf of the Icing I hereby assent

to this Act.

E. A. STONE, Administrator.

By Authority : War. ALFRED WATSON, Government Printer, Perth.