ARRANGEMENT OF SECTIONS
1. Short title.
3. Establishment of office of Treasury Registrar and powers.
4. Assistant Treasury Registrars.
5. Evidence of seal and acts.
6. Devolution of property and vacancies.
7. Corporation to hold property in trust.
8. Powers in relation to corporations.
9. Voluntary agreement by Public Corporation.
10. Functions of Registrar in relation to corporations.
11. Powers in relation to corporations.
13. Transfer of investments.
THE TREASURY REGISTRAR (POWERS AND FUNCTIONS) ACT
An Act to incorporate an office of Treasury Registrar for the acquisition, holding and management of investments, whether secured or not, on behalf of the Government, and for related matters.
[13th November, 1959]
Ord. No. 35 of 1959
[R.L. Cap. 418]
16 of 1983
2 of 1992
14 of 1999
This Act may be cited as the and Treasury Registrar (Powers and Functions) Act.
In this Act–
"investments" include shares, stock debentures, debenture stock, loan stock, notes, bonds and mortgages in or of any corporate body or issued by or on behalf of any Government or State; and
"Minister" means the Minister responsible for finance.
(1) Upon the coming into operation of this Act there shall be established the office of Treasury Registrar.
(2) The person whom the Minister appoints to the office of Treasury Registrar shall be a corporation sole by the name of the Treasury Registrar, and by that name shall have perpetual succession and an official seal with capacity and powers to acquire, hold, manage, and dispose of investments, to sue and be sued, to execute deeds and instruments, using his official seal, to enter into agreements binding himself and his successors in office, to exercise all rights conferred by the holding of investments, including the powers of holding immovable and other property, and to do all other acts and things necessary or expedient to be done in the execution of the duties of his office or which are required to be done or may be done by the Treasury Registrar under this or any other written law.
A person appointed by the Minister to be an Assistant Treasury Registrar may, on behalf of the Treasury Registrar, take any oath, make any declaration, execute any deed or instrument, adhibit and authenticate the adhibition of the official seal of the Treasury Registrar, or do any other act or thing which the Treasury Registrar is required or authorised to do in the execution of his duties as Treasury Registrar or under this or any other written law.
The official seal of the Treasury Registrar shall be officially and judicially noticed, and every document purporting to be a deed or instrument made or issued by the Treasury Registrar and to be sealed with his official seal, authenticated by the signature of the Treasury Registrar or an Assistant Treasury Registrar, shall be received in evidence and be deemed to be so made or issued without further proof, unless the contrary is shown.
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