ACT 125

COMPANIES ACT 1965 (REVISED - 1973)

PART VI - ACCOUNTS AND AUDIT

DIVISION 1 - ACCOUNTS

Section 169B. Power of Registrar to require a statement of valuation of assets.

(1) The Registrar may, with notice in writing, require the directors of any company to supply a statement of valuation at current value of assets and liabilities of the company within the time specified in the notice. (2) The Registrar may, on the application of the company and in his absolute discretion, extend the period of time so specified in the notice referred to in subsection (1).