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BRITISH VIRGIN ISLANDS - Mossack Fonseca & Co.

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Registers.<br />

26/2005<br />

26/2005<br />

145<br />

on such terms and conditions as it considers appropriate.<br />

(2) The Registrar and any Deputy and Assistant Registrars are employees<br />

of the <strong>Co</strong>mmission.<br />

(3) Subject to the control of the <strong>Co</strong>mmission, the Registrar is responsible<br />

for the administration of this Act.<br />

(4) Subject to the control of the Registrar, a Deputy Registrar and an<br />

Assistant Registrar has and may exercise the powers, duties and<br />

functions of the Registrar and the fact that a Deputy or Assistant<br />

Registrar exercises those powers, duties and functions is conclusive<br />

evidence of his authority to do so.<br />

230. (1) The Registrar shall maintain<br />

(a) a Register of <strong>Co</strong>mpanies incorporated or continued under this<br />

Act;<br />

(b) a Register of Foreign <strong>Co</strong>mpanies registered under Part XI; and<br />

(c) a Register of Charges registered under Part VIII.<br />

(2) The Registers maintained by the Registrar and the information<br />

contained in any document filed may be kept in such manner as the<br />

Registrar considers fit including, either wholly or partly, by means of a<br />

device or facility<br />

(a) that records or stores information magnetically, electronically or<br />

by other means; and<br />

(b) that permits the information recorded or stored to be inspected<br />

and reproduced in legible and usable form.<br />

(3) The Regulations may provide for the keeping of Registers by the<br />

Registrar in electronic form, the filing of documents in both paper and<br />

electronic form, including the approval by the Registrar of systems<br />

and the inspection of Registers kept in electronic form.<br />

(4) The Registrar<br />

(a) shall retain every qualifying document filed; and<br />

(b) shall not retain any document filed that is not a qualifying<br />

document.<br />

AE/ET/Pub./bg/03.2007

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