Section 7. New sections 5A, 5B, 5C, 5D, 5E and 5F (Registration Of Business (Amendment) Act 2001

Act A1119
Registration Of Business (Amendment) Act 2001

Section 7. New sections 5A, 5B, 5C, 5D, 5E and 5F

7. The principal Act is amended by inserting after section 5 the following sections:

"Renewal of registration

5A. (1) An application for the renewal of the registration of a business shall be made in the prescribed form and manner to the Registrar within thirty days before the date of expiry of the registration or the previous renewal.

(2) Subject to subsection (3), upon receipt of an application for the renewal of the registration of a business and upon payment of the prescribed fee, the Registrar shall renew the registration of the business for a period which shall not exceed five years at each renewal.

(3) For the purpose of renewing the registration of any business, the Registrar may require additional information or documents and the Registrar may refuse to renew the registration if the applicant does not furnish the information or documents required.

(4) If the Registrar refuses to renew any registration under subsection (3) the Registrar shall notify the applicant in writing of the decision.

(5) The new expiry date shall be stated in the certificate of registration.

Changes in registered particulars

5B. (1) Whenever a change is made or occurs in any of the particulars registered in respect of any associate of a business or of the business, that associate or, in the case of the particulars of the business, the person responsible for the business shall, within thirty days after the change is made or occurs, submit to the Registrar in the prescribed form the particulars of the change.

(2) Upon receipt of the particulars of the change and upon payment of the prescribed fee, the Registrar shall make the necessary amendments to the register.

(3) In the case of a change in—

(a) the general nature of a business; or

(b) the address of the principal place of the business or any other place where the business is carried on,

the Registrar shall issue a new certificate of registration in respect of such business, and cancel the existing certificate of registration.

Refusal to register or revocation of registration of, business

5C. (1) Notwithstanding anything to the contrary in this Act, the Registrar shall refuse to register any business if the Registrar is satisfied that the business is likely to be used for unlawful purposes or any purpose prejudicial to or incompatible with the security of the Federation, public order or morality.

(2) Where a business has been registered, the Registrar shall revoke its registration if the Registrar is satisfied that the business is being used for unlawful purposes or any purpose prejudicial to or incompatible with the security of the Federation, public order or morality.

Termination of business

5D. (1) Where a business registered under this Act has been terminated, the person responsible for the business shall within thirty days of the termination notify the Registrar in the prescribed form of such termination.

(2) Where a business terminates upon the death of an associate of the business and there is no surviving associate of the business or person responsible for the business, the personal representative or the next-of-kin of the deceased associate shall within four months from the date of such death notify the Registrar in the prescribed form of such termination.

(3) Upon receipt of the notice under subsection (1) or (2), the Registrar shall revoke the registration and cancel the certificate of registration.

Removal of registered business from register

5E. (1) Where the Registrar has reasonable cause to believe that any business registered under this Act is not being carried on, the Registrar may send to the person or persons registered as the associate or associates of the business a notice notifying the Registrar's intention to revoke the registration of the business and the Registrar shall give such person or persons an opportunity to make written representation on the intended revocation within thirty days from the date of service of the notice.

(2) After the expiry of the period of thirty days provided for in subsection (1), if the Registrar receives a reply from such person or persons to the effect that such person or persons are not carrying on such business, or the Registrar does not receive any reply to the notice, the Registrar shall revoke the registration of the business and cancel the certificate of registration.

(3) The Registrar shall publish in the Gazette such particulars as the Registrar thinks fit of any person the registration of whose business has been revoked under this section.

Certificate of registration is conclusive evidence

5F. A certificate of registration having a registration number, and carrying the applicant's name or business name, issued under this Act by the Registrar shall be conclusive evidence that all the requirements of this Act in respect of the registration and matters precedent and incidental to such registration have been complied with, and the business referred to in such certificate is duly registered under this Act.".