The Port Royal Brotherhood Act - Companies and Associations

29th october, 1952.] preliminary 1. this act may be cited as the port royal brotherhood act. 2. in this act? ?the board? means the board of directors of the brother- hood, to be established in accordance with this act; ?the brotherhood? means the por

The Port Royal Brotherhood Act - Companies and Associations

29th october, 1952) subject to such conditions as the board may deem fit to impose. (4) the board may, in their discretion, permit a member of the brotherhood to transfer shares held by him in the capital of the brotherhood to any person or to the brothe

The Port Royal Brotherhood Act - Companies and Associations

29th october, 1952, subject to the determination of the amount thereof. 22.?(1) subject to the provisions of subsection (2), the brotherhood shall issue to the persons entitled thereto the number of ordinary shares in the capital of the brotherhood credi

The Port Royal Brotherhood Act - Companies and Associations

29th october, 1952, a lot with a dwelling-house thereon or accommodation for the purpose of carrying on a commercial undertaking or both, as appears to the board to be equitable having regard to the following factors? (a) the number of shares in the capi

The Port Royal Brotherhood Act - Companies and Associations

29th october, 1952, have been adequately met under the provisions of subsection (2), allocate any remaining lands in the relevant area to other members of the brotherhood. 25. the board shall at the request of the commissioner of lands or the council of