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Chapter: | 32
![]() | Title: | COMPANIES ORDINANCE | Gazette Number: | L.N. 169 of 2010 |
| Section: | 18A | Heading: | Delivery of consent of director | Version Date: | 21/02/2011 |
(1) Each consent given for the purposes of section 14A(2)(l)(ii) in relation to a company intended to be incorporated must be delivered to the Registrar in the specified form not later than 14 days after the date of incorporation of the company.
(2) If subsection (1) is contravened, the company, every officer of the company who is in default, and the founder member who signs the incorporation form for the purposes of section 14A(3), commit an offence, and each is liable to a fine and, for continued contravention, to a daily default fine.
(3) In any proceedings against a founder member for an offence under this section, it is a defence for the founder member to establish that he or she took all reasonable steps to secure compliance with subsection (1).