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Companies Amendment Act 2006.pdf - Bermuda Laws Online

Companies Amendment Act 2006.pdf - Bermuda Laws Online

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COMPANIES AMENDMENT ACT 2006<br />

(b) signed by at least one person who is a director or<br />

the secretary of the company or a person<br />

expressly authorized to sign; or<br />

(c) given in such manner as the bye-laws may<br />

provide.”.<br />

Amends section 55<br />

18 Section 55(5) of the principal <strong>Act</strong> is amended by deleting the full<br />

stop at the end of paragraph (b) and substituting the word “; and”, and<br />

by inserting next after paragraph (b) the following —<br />

“(c) any aircraft registered in <strong>Bermuda</strong> or any interest<br />

therein registrable under the Mortgaging of Aircraft and<br />

Aircraft Engines <strong>Act</strong> 1999 or any <strong>Act</strong> replacing it shall be<br />

registered thereunder, and not under this <strong>Act</strong> and the<br />

priority of such charge shall be determined in<br />

accordance with the Mortgaging of Aircraft and Aircraft<br />

Engines <strong>Act</strong> 1999 or any <strong>Act</strong> replacing it.”.<br />

Amends section 66<br />

19 Section 66 of the principal <strong>Act</strong> is amended —<br />

(a) in subsection (1), by deleting all the words after the<br />

words “inspection by” and substituting the words<br />

“members of the public without charge,”; and<br />

(b) in subsection (2), by deleting the words “or other person”<br />

and substituting the words “of the public”.<br />

Amends section 70<br />

20 Section 70(1) of the principal <strong>Act</strong> is amended by deleting the<br />

words “the minimum share capital set out in the memorandum as<br />

provided in section 7” and substituting the words “any of the share<br />

capital of a company”.<br />

Amends section 77<br />

21 (1) Section 77(3) of the principal <strong>Act</strong> is amended by —<br />

(a) inserting next after the word “hands” the words “or by a<br />

count of votes received in the form of electronic records”;<br />

and<br />

(b) inserting next after word “hand” the words “or by<br />

communicating their vote in the form of an electronic<br />

record”.<br />

(2) Section 77(4) of the principal <strong>Act</strong> is amended by inserting<br />

next after the word “hands” the words “or by a count of votes received in<br />

the form of electronic records”.<br />

12

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