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Companies (Delegation of Powers)

Commencement: 18 May 1992

COMPANIES (DELEGATION OF POWERS)

Order 7 of 1992

An Order to make provision for the delegation of certain powers under the Companies Act [Cap. 191] to the Registrar.

1. Delegation of powers

(1) The power to grant or not to grant a permit in respect of an exempted company, other than a type of company referred to in Schedule 3 of the Companies Act [Cap. 191], is hereby delegated to the Registrar.

(2) The delegation under subsection (1) does not prevent the exercise of the same power by the Minister.