Section 2. Amendment of Second Schedule. (COMPANIES (AMENDMENT) ACT, 1966

NO. 23 OF 1966
COMPANIES (AMENDMENT) ACT, 1966

Section 2. Amendment of Second Schedule.

The Second Schedule to the Companies Act, 1965 [79 of 1965] is hereby amended-

(a) by substituting for the words and figures- For every $5,000 of nominal share capital or part of 5,000, after the first $500,000	$ c. 10 00"
appearing under item 2 thereof the following-

"For every $5,000 of nominal share capital or part of $5,000, after the first $500,000 up to $1,000,000	10 00
For every $15,000 of nominal share capital or part of $15,000 after the first $1,000,000 up to $50,000,000	5 00
For every $20,000 of nominal share capital or part of $20,000 after the first $50,000,000	3 00".

(b) by inserting the following proviso immediately after item 3 thereof:

"Provided that no company shall be liable to pay in respect of nominal share capital on registration or thereafter any greater amount of fees than

$35,000 taking into account in the case of fees payable on an increase of share capital after registration the fees paid on registration.".

[Received by Royal Assent
on the 14th day of
April, 1966.]