Page 10 - PowerPoint Presentation
P. 10

Important Sections




            • Section 4 – Solvency and liquidity test.



            • Section 22 – Reckless trading prohibited


            • Section 30 – Annual financial statements



            • Section 44 – Financial assistance for subscription of

                securities



            • Section 45 – Loans or other financial assistance to directors.


            • Section 48 – Company or subsidiary acquiring company’s


                shares


            • Section 69 – Ineligibility and disqualification of persons to


                be director or prescribed officer.




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