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PART 6
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Measures to Improve Compliance with Filing Obligations
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Repeal of sections 125 and 126 of Act of 1963 and substitution of section 125 — Annual return.
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59.—Sections 125 and 126 of the Act of 1963 are repealed and the following substituted:
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“125.—(1) Every company shall, once at least in every year, subject to section 127, make a return to the registrar of companies, being its annual return, in the prescribed form.
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(2) If a company fails to comply with this section, the company and—
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(a) every officer of the company who is in default, and
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(b) any person in accordance with whose directions or instructions the directors of the company are accustomed to act and to whose directions or omissions the default is attributable,
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shall be guilty of an offence.
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(3) Proceedings in relation to an offence under this section may be brought and prosecuted by the registrar of companies.”.
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