Section 5. Registration (REGISTRATION OF BUSINESSES ACT 1956 (REVISED - 1978)

ACT 197
REGISTRATION OF BUSINESSES ACT 1956 (REVISED - 1978)

PART II - REGISTRATION, RENEWAL AND TERMINATION OF BUSINESS

Section 5. Registration

(1) The person responsible for a business shall, not later than thirty days from the date of the commencement of the business, apply to the Registrar for the registration of the business.

(2) An application under subsection (1) shall be made in the prescribed form and shall state—

(a)

the name of the business;

(b)

the nature of the business;

(c)

the date of the commencement of the business;

(d)

the address of the place of business, and in the case of a business having more than one place of business, the addresses of the branches;

(e)

in the case of a partnership, the particulars of the partnership agreement, if any;

(f)

in respect of the associates of the business, their full names, positions held, and dates of entry into the business; and

(g)

such other information as the Registrar may require.

(3) Upon receipt of an application together with the information required under subsection (1) and upon payment of the prescribed fee, the Registrar shall register the business for a period which shall not exceed five years and issue a certificate of registration for the business in accordance with the other provisions of this Act and the rules made under this Act.

(4) The Registrar shall, on payment of the prescribed fee, issue a certificate of registration for each branch of the business so registered.

(5) The certificate of registration issued for any branch shall be valid for a period concurrent with the period of registration of the principal business or for any remaining period of such registration.

(6) Unless renewed by the Registrar, the registration of a business shall expire on the date stated in the certificate of registration or upon the termination of the business.

(7) For the purpose of this section, rules made under this Act may provide for the exemption from registration or for registration in a special form or manner of any associate of a business who has not attained such age as may be prescribed.

(8) The registration of a business under this Act shall not be deemed to imply that the requirements of any law in relation to such business or to persons carrying on such business or employed in such business have been complied with.

[Subs. Act A1119: s.6]