Section 43 — Companies Act 1993: Notice of share issue

43 Notice of share issue (1) The board of a company must deliver to the Registrar for registration, within 10 working days of the issue of shares under section 41(b) or section 42 or section 107(2) of this Act, a notice in the prescribed form of the issue of the shares by the company. (2) If the board of a company fails to comply with subsection (1) of this section, every director of the company commits an offence and is liable on conviction to the penalty set out in section 374(2) of this Act. Subsection (1) was amended, as from 30 June 1997, by section 3 Companies Act 1993 Amendment Act 1997 (1997 No 27) by inserting the words “ or section 107(2) ” .