The Companies (Amendment) Regulations
2021 [P.U.(A) 339/2021]
('Amendment Regulations') were gazetted on
18 August 2021 and came into force on 19 August 2021.
The Amendment Regulations amend the Schedule of the Companies
Regulations 2017 ('Principal Regulations')
which provide for the fees payable to the Registrar for the
lodgement of documents or any application or appeal for matters
under the Companies Act 2016.
This article highlights the amendments effected under the
Amendment Regulations.
New Item 32A
A new item 32A is inserted to provide that the fee payable in
relation to the lodgement of notice on the increase of share
capital of foreign company under section 567(3) of the Companies
Act 2016 is the difference, if any, between the prescribed fee paid
upon registration and the prescribed fee payable on the increase in
share capital as provided under item 32 of the Schedule of the
Principal Regulations.
Item 43
Item 43 of the Principal Regulations provides for the fee payable
in relation to an application for information relating to a company
or corporation through electronic means or otherwise. The scope of
this item is expanded by replacing the words "relating to
company or corporation" with the words "lodged under the
Act".
Item 45
Item 45 of the Principal Regulations provides for the fee payable
in relation to an application for the issuance of any certificate
or copy of certificate relating to company. The scope of this item
is expanded by replacing the words "relating to company"
with the words "under the Act".
Item 47
Item 47 of the Principal Regulations provides for the fee payable
in relation to an application for confirmation by the Registrar
relating to information of company. The scope of this item is
expanded by adding the words ", shareholder, director,
secretary, auditor or liquidator of any company" after the
word "company".
Item 48
Item 48 of the Principal Regulations provides for the fee payable
in relation to the lodgement of any document relating to a company
that is not specifically mentioned in the Schedule of the Principal
Regulations. The scope of this item is expanded by adding the words
"or application" after the word
"document".
Comments
Although the Amendment Regulations expand the range of items for
which fees are payable to the Registrar under the Principal
Regulations, the amendments to Items 43, 45 and 47 are to be
welcomed as they provide clarity on the Registrar's right to
provide services in relation to the matters that are now added to
the Schedule of the Principal Regulations.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
