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R-22 - Companies Information Act
Section 4
Disposition versions
4. (1) On or before the first day of September in each year, without notice or demand to that effect, every company incorporated under the laws of Québec, and every other company having its head office or other office or doing business or any part thereof in Québec, shall make out, certify and deliver to the Inspector General, as hereinafter required, a detailed return containing as of the 30th day of June next preceding, correctly stated, the following information:
(a) The name of the company;
(b) The citation of the laws under which the company was incorporated;
(c) The manner in which the company was incorporated, whether by special act, or by letters patent or otherwise, and the date thereof;
(d) Whether the existence of the company is limited, by statute or otherwise, and, if so, the period of its existence yet to elapse, and whether such period may be lawfully extended;
(e) Whether the company is operating and if not at what date it ceased operating;
(f) A general indication of the nature of the operations of the company and the relative importance of each of them;
(g) The names and addresses of the real domiciles of the president, secretary, treasurer, directors and manager of the company;
(h) The name and post-office address of the chief officer or manager in Québec;
(i) The location of the head office of the company, giving the street and number when possible;
(j) The location of the principal office in Québec where the head office is situated outside Québec;
(k) The date upon which the last annual meeting of the company was held;
(l) The amount of the bond or debenture debt of the company;
(m) A detailed statement of the real estate owned by it situated within Québec, where situate and the value thereof;
And in the case of a company having share capital, in addition:
(n) The amount of the capital stock of the company, and the number of shares into which it is divided and their description;
(o) The number of shares issued and allotted and the amount paid thereon;
(p) The par value, and, if without par value, then the market value, or, if there be no market value, the actual value of its shares according to the last statement of the company;
(q) The total amount of shares issued as preference shares during the period contemplated in the return;
(r) The total amount paid on such preference shares;
(s) The total number and amount of share warrants;
(t) The number of shares, if any, issued as consideration for any transfer of assets, of goodwill, or for value other than money, and the extent to which the same are paid; if none are so issued, this fact is to be stated;
(u) Such other information as required by regulation of the Government published in the Gazette officielle du Québec;
And, if the company is a mining company which may issue its shares at a discount,
(v) The number of shares sold or otherwise disposed of at a discount;
(w) The rate at which such shares were sold or disposed of.
Such information must be furnished and attested on the form prescribed for that purpose by the Inspector General.
The Inspector General shall place such forms at the disposal of every company.
(2) A duplicate of such return and of the attestation contemplated in subsection 3 shall be kept in the head office or principal office in Québec of the company, and may be inspected by any shareholder or creditor of the company; and the company shall so keep the same until another return is produced under the provisions of this act.
(3) The contents of the return of such company must be attested by the signature of a member of its board of directors.
(4) Every person attesting a return containing false or misleading information is guilty of an offence and is liable to a fine not exceeding $1 400.
Every person who participated in, consented to or acquiesced in the giving of false or misleading information is also guilty of an offence and is liable to the same penalties.
(5) If a company makes default in complying with the provisions of this section, each director and officer of the company, and each person acting as a representative in Québec of a company having its head office outside Québec, shall be liable to a fine of $50 for each day of such default without prejudice to the action which may be taken under the provisions of article 828 of the Code of Civil Procedure (chapter C-25).
(6) The Minister may, at his discretion and for good cause, extend the time for making and delivering any such return.
(7) No registrar shall register any instrument signed by or in favour of a company, or purporting to confer an interest in land upon a company, if he has received from the Inspector General a written notice that the company in question is late or in default in complying with the formalities required by this act. Upon the receipt of a written revocation of such notice, the registrar may proceed to the registration in the usual way.
(8) Trust companies, savings companies and insurance companies shall not be obliged to furnish the return required by subsection 1 of this section.
4. (1) On or before the first day of September in each year, without notice or demand to that effect, every company incorporated under the laws of Québec, and every other company having its head office or other office or doing business or any part thereof in Québec, shall make out, certify and deliver to the Inspector General, as hereinafter required, a detailed return containing as of the 30th day of June next preceding, correctly stated, the following information:
(a) The name of the company;
(b) The citation of the laws under which the company was incorporated;
(c) The manner in which the company was incorporated, whether by special act, or by letters patent or otherwise, and the date thereof;
(d) Whether the existence of the company is limited, by statute or otherwise, and, if so, the period of its existence yet to elapse, and whether such period may be lawfully extended;
(e) Whether the company is operating and if not at what date it ceased operating;
(f) A general indication of the nature of the operations of the company and the relative importance of each of them;
(g) The names and addresses of the real domiciles of the president, secretary, treasurer, directors and manager of the company;
(h) The name and post-office address of the chief officer or manager in Québec;
(i) The location of the head office of the company, giving the street and number when possible;
(j) The location of the principal office in Québec where the head office is situated outside Québec;
(k) The date upon which the last annual meeting of the company was held;
(l) The amount of the bond or debenture debt of the company;
(m) A detailed statement of the real estate owned by it situated within Québec, where situate and the value thereof;
And in the case of a company having share capital, in addition:
(n) The amount of the capital stock of the company, and the number of shares into which it is divided and their description;
(o) The number of shares issued and allotted and the amount paid thereon;
(p) The par value, and, if without par value, then the market value, or, if there be no market value, the actual value of its shares according to the last statement of the company;
(q) The total amount of shares issued as preference shares during the period contemplated in the return;
(r) The total amount paid on such preference shares;
(s) The total number and amount of share warrants;
(t) The number of shares, if any, issued as consideration for any transfer of assets, of goodwill, or for value other than money, and the extent to which the same are paid; if none are so issued, this fact is to be stated;
(u) Such other information as required by regulation of the Government published in the Gazette officielle du Québec;
And, if the company is a mining company which may issue its shares at a discount,
(v) The number of shares sold or otherwise disposed of at a discount;
(w) The rate at which such shares were sold or disposed of.
Such information must be furnished and attested on the form prescribed for that purpose by the Inspector General.
The Inspector General shall place such forms at the disposal of every company.
(2) A duplicate of such return and of the attestation contemplated in subsection 3 shall be kept in the head office or principal office in Québec of the company, and may be inspected by any shareholder or creditor of the company; and the company shall so keep the same until another return is produced under the provisions of this act.
(3) The contents of the return of such company must be attested by the signature of a member of its board of directors.
(4) Every person attesting a return containing false or misleading information is guilty of an offence and is liable to a fine not exceeding $1 150.
Every person who participated in, consented to or acquiesced in the giving of false or misleading information is also guilty of an offence and is liable to the same penalties.
(5) If a company makes default in complying with the provisions of this section, each director and officer of the company, and each person acting as a representative in Québec of a company having its head office outside Québec, shall be liable to a fine of $25 for each day of such default without prejudice to the action which may be taken under the provisions of article 828 of the Code of Civil Procedure (chapter C-25).
(6) The Minister may, at his discretion and for good cause, extend the time for making and delivering any such return.
(7) No registrar shall register any instrument signed by or in favour of a company, or purporting to confer an interest in land upon a company, if he has received from the Inspector General a written notice that the company in question is late or in default in complying with the formalities required by this act. Upon the receipt of a written revocation of such notice, the registrar may proceed to the registration in the usual way.
(8) Trust companies, savings companies and insurance companies shall not be obliged to furnish the return required by subsection 1 of this section.
4. (1) On or before the first day of September in each year, without notice or demand to that effect, every company incorporated under the laws of Québec, and every other company having its head office or other office or doing business or any part thereof in Québec, shall make out, certify and deliver to the Inspector General, as hereinafter required, a detailed return containing as of the 30th day of June next preceding, correctly stated, the following information:
(a) The name of the company;
(b) The citation of the laws under which the company was incorporated;
(c) The manner in which the company was incorporated, whether by special act, or by letters patent or otherwise, and the date thereof;
(d) Whether the existence of the company is limited, by statute or otherwise, and, if so, the period of its existence yet to elapse, and whether such period may be lawfully extended;
(e) Whether the company is operating and if not at what date it ceased operating;
(f) A general indication of the nature of the operations of the company and the relative importance of each of them;
(g) The names and addresses of the real domiciles of the president, secretary, treasurer, directors and manager of the company;
(h) The name and post-office address of the chief officer or manager in Québec;
(i) The location of the head office of the company, giving the street and number when possible;
(j) The location of the principal office in Québec where the head office is situated outside Québec;
(k) The date upon which the last annual meeting of the company was held;
(l) The amount of the bond or debenture debt of the company;
(m) A detailed statement of the real estate owned by it situated within Québec, where situate and the value thereof;
And in the case of a company having share capital, in addition:
(n) The amount of the capital stock of the company, and the number of shares into which it is divided and their description;
(o) The number of shares issued and allotted and the amount paid thereon;
(p) The par value, and, if without par value, then the market value, or, if there be no market value, the actual value of its shares according to the last statement of the company;
(q) The total amount of shares issued as preference shares during the period contemplated in the return;
(r) The total amount paid on such preference shares;
(s) The total number and amount of share warrants;
(t) The number of shares, if any, issued as consideration for any transfer of assets, of goodwill, or for value other than money, and the extent to which the same are paid; if none are so issued, this fact is to be stated;
(u) Such other information as required by regulation of the Government published in the Gazette officielle du Québec;
And, if the company is a mining company which may issue its shares at a discount,
(v) The number of shares sold or otherwise disposed of at a discount;
(w) The rate at which such shares were sold or disposed of.
Such information must be furnished and attested on the form prescribed for that purpose by the Inspector General.
The Inspector General shall place such forms at the disposal of every company.
(2) A duplicate of such return and of the attestation contemplated in subsection 3 shall be kept in the head office or principal office in Québec of the company, and may be inspected by any shareholder or creditor of the company; and the company shall so keep the same until another return is produced under the provisions of this act.
(3) The contents of the return of such company must be attested by the signature of a member of its board of directors.
(4) Every person attesting a return containing false or misleading information is guilty of an offence and is liable to a fine not exceeding $1 150.
Every person who participated in, consented to or acquiesced in the giving of false or misleading information is also guilty of an offence and is liable to the same penalties.
(5) If a company makes default in complying with the provisions of this section, each director and officer of the company, and each person acting as a representative in Québec of a company having its head office outside Québec, shall, in addition to the costs, be liable to a fine of $25 for each day of such default and, failing payment of such fine and costs, to imprisonment for a term not exceeding three months, without prejudice to the action which may be taken under the provisions of article 828 of the Code of Civil Procedure (chapter C-25).
(6) The Minister may, at his discretion and for good cause, extend the time for making and delivering any such return.
(7) No registrar shall register any instrument signed by or in favour of a company, or purporting to confer an interest in land upon a company, if he has received from the Inspector General a written notice that the company in question is late or in default in complying with the formalities required by this act. Upon the receipt of a written revocation of such notice, the registrar may proceed to the registration in the usual way.
(8) Trust companies, savings companies and insurance companies shall not be obliged to furnish the return required by subsection 1 of this section.
4. (1) On or before the first day of September in each year, without notice or demand to that effect, every company incorporated under the laws of Québec, and every other company having its head office or other office or doing business or any part thereof in Québec, shall make out, certify and deliver to the Inspector General, as hereinafter required, a detailed return containing as of the 30th day of June next preceding, correctly stated, the following information:
(a) The name of the company;
(b) The citation of the laws under which the company was incorporated;
(c) The manner in which the company was incorporated, whether by special act, or by letters patent or otherwise, and the date thereof;
(d) Whether the existence of the company is limited, by statute or otherwise, and, if so, the period of its existence yet to elapse, and whether such period may be lawfully extended;
(e) Whether the company is operating and if not at what date it ceased operating;
(f) A general indication of the nature of the operations of the company and the relative importance of each of them;
(g) The names and addresses of the real domiciles of the president, secretary, treasurer, directors and manager of the company;
(h) The name and post-office address of the chief officer or manager in Québec;
(i) The location of the head office of the company, giving the street and number when possible;
(j) The location of the principal office in Québec where the head office is situated outside Québec;
(k) The date upon which the last annual meeting of the company was held;
(l) The amount of the bond or debenture debt of the company;
(m) A detailed statement of the real estate owned by it situated within Québec, where situate and the value thereof;
And in the case of a company having share capital, in addition:
(n) The amount of the capital stock of the company, and the number of shares into which it is divided and their description;
(o) The number of shares issued and allotted and the amount paid thereon;
(p) The par value, and, if without par value, then the market value, or, if there be no market value, the actual value of its shares according to the last statement of the company;
(q) The total amount of shares issued as preference shares during the period contemplated in the return;
(r) The total amount paid on such preference shares;
(s) The total number and amount of share warrants;
(t) The number of shares, if any, issued as consideration for any transfer of assets, of goodwill, or for value other than money, and the extent to which the same are paid; if none are so issued, this fact is to be stated;
(u) Such other information as required by regulation of the Government published in the Gazette officielle du Québec;
And, if the company is a mining company which may issue its shares at a discount,
(v) The number of shares sold or otherwise disposed of at a discount;
(w) The rate at which such shares were sold or disposed of.
Such information must be furnished and attested on the form prescribed for that purpose by the Inspector General.
The Inspector General shall place such forms at the disposal of every company.
(2) A duplicate of such return and of the attestation contemplated in subsection 3 shall be kept in the head office or principal office in Québec of the company, and may be inspected by any shareholder or creditor of the company; and the company shall so keep the same until another return is produced under the provisions of this act.
(3) The contents of the return of such company must be attested by the signature of a member of its board of directors.
(4) Every person attesting a return containing false or misleading information is guilty of an offence and is liable to a fine not exceeding $1 150.
Every person who participated in, consented to or acquiesced in the giving of false or misleading information is also guilty of an offence and is liable to the same penalties.
(5) If a company makes default in complying with the provisions of this section, each director and officer of the company, and each person acting as a representative in Québec of a company having its head office outside Québec, shall, in addition to the costs, be liable to a fine of $25 for each day of such default and, failing payment of such fine and costs, to imprisonment for a term not exceeding three months, without prejudice to the action which may be taken under the provisions of article 828 of the Code of Civil Procedure (chapter C-25).
(6) The Minister may, at his discretion and for good cause, extend the time for making and delivering any such return.
(7) No registrar shall register any instrument signed by or in favour of a company, or purporting to confer an interest in land upon a company, if he has received from the Inspector General a written notice that the company in question is late or in default in complying with the formalities required by this act. Upon the receipt of a written revocation of such notice, the registrar may proceed to the registration in the usual way.
(8) Trust companies and insurance companies shall not be obliged to furnish the return required by subsection 1 of this section.
4. (1) On or before the first day of September in each year, without notice or demand to that effect, every company incorporated under the laws of Québec, and every other company having its head office or other office or doing business or any part thereof in Québec, shall make out, certify and deliver to the Inspector General, as hereinafter required, a detailed return containing as of the 30th day of June next preceding, correctly stated, the following information:
(a) The name of the company;
(b) The citation of the laws under which the company was incorporated;
(c) The manner in which the company was incorporated, whether by special act, or by letters patent or otherwise, and the date thereof;
(d) Whether the existence of the company is limited, by statute or otherwise, and, if so, the period of its existence yet to elapse, and whether such period may be lawfully extended;
(e) Whether the company is operating and if not at what date it ceased operating;
(f) A general indication of the nature of the operations of the company and the relative importance of each of them;
(g) The names and addresses of the real domiciles of the president, secretary, treasurer, directors and manager of the company;
(h) The name and post-office address of the chief officer or manager in Québec;
(i) The location of the head office of the company, giving the street and number when possible;
(j) The location of the principal office in Québec where the head office is situated outside Québec;
(k) The date upon which the last annual meeting of the company was held;
(l) The amount of the bond or debenture debt of the company;
(m) A detailed statement of the real estate owned by it situated within Québec, where situate and the value thereof;
And in the case of a company having share capital, in addition:
(n) The amount of the capital stock of the company, and the number of shares into which it is divided and their description;
(o) The number of shares issued and allotted and the amount paid thereon;
(p) The par value, and, if without par value, then the market value, or, if there be no market value, the actual value of its shares according to the last statement of the company;
(q) The total amount of shares issued as preference shares during the period contemplated in the return;
(r) The total amount paid on such preference shares;
(s) The total number and amount of share warrants;
(t) The number of shares, if any, issued as consideration for any transfer of assets, of goodwill, or for value other than money, and the extent to which the same are paid; if none are so issued, this fact is to be stated;
(u) Such other information as required by regulation of the Government published in the Gazette officielle du Québec;
And, if the company is a mining company which may issue its shares at a discount,
(v) The number of shares sold or otherwise disposed of at a discount;
(w) The rate at which such shares were sold or disposed of.
Such information must be furnished and attested on the form prescribed for that purpose by the Inspector General.
The Inspector General shall place such forms at the disposal of every company.
(2) A duplicate of such return and of the attestation contemplated in subsection 3 shall be kept in the head office or principal office in Québec of the company, and may be inspected by any shareholder or creditor of the company; and the company shall so keep the same until another return is produced under the provisions of this act.
(3) The contents of the return of such company must be attested by the signature of a member of its board of directors.
(4) Every person attesting a return containing false or misleading information is guilty of an offence and is liable to a fine not exceeding $1 000.
Every person who participated in, consented to or acquiesced in the giving of false or misleading information is also guilty of an offence and is liable to the same penalties.
(5) If a company makes default in complying with the provisions of this section, each director and officer of the company, and each person acting as a representative in Québec of a company having its head office outside Québec, shall, in addition to the costs, be liable to a fine of $20 for each day of such default and, failing payment of such fine and costs, to imprisonment for a term not exceeding three months, without prejudice to the action which may be taken under the provisions of article 828 of the Code of Civil Procedure (chapter C-25).
(6) The Minister may, at his discretion and for good cause, extend the time for making and delivering any such return.
(7) No registrar shall register any instrument signed by or in favour of a company, or purporting to confer an interest in land upon a company, if he has received from the Inspector General a written notice that the company in question is late or in default in complying with the formalities required by this act. Upon the receipt of a written revocation of such notice, the registrar may proceed to the registration in the usual way.
(8) Trust companies and insurance companies shall not be obliged to furnish the return required by subsection 1 of this section.
4. (1) On or before the first day of September in each year, without notice or demand to that effect, every company incorporated under the laws of Québec, and every other company having its head office or other office or doing business or any part thereof in Québec, shall make out, certify and deliver to the Inspector General, as hereinafter required, a detailed return containing as of the 30th day of June next preceding, correctly stated, the following information and particulars:
(a) The name of the company;
(b) The citation of the laws under which the company was incorporated;
(c) The manner in which the company was incorporated, whether by special act, or by letters patent or otherwise, and the date thereof;
(d) Whether the existence of the company is limited, by statute or otherwise, and, if so, the period of its existence yet to elapse, and whether such period may be lawfully extended;
(e) Whether the company is operating and if not at what date it ceased operating;
(f) A general indication of the nature of the operations of the company and the relative importance of each of them;
(g) The names and addresses of the real domiciles of the president, secretary, treasurer, directors and manager of the company;
(h) The name and post-office address of the chief officer or manager in Québec;
(i) The location of the head office of the company, giving the street and number when possible;
(j) The location of the principal office in Québec where the head office is situated outside Québec;
(k) The date upon which the last annual meeting of the company was held;
(l) The amount of the bond or debenture debt of the company;
(m) A detailed statement of the real estate owned by it situated within Québec, where situate and the value thereof;
And in the case of a company having share capital, in addition:
(n) The amount of the capital stock of the company, and the number of shares into which it is divided and their description;
(o) The number of shares issued and allotted and the amount paid thereon;
(p) The par value, and, if without par value, then the market value, or, if there be no market value, the actual value of its shares according to the last statement of the company;
(q) The total amount of shares issued as preference shares during the period contemplated in the return;
(r) The total amount paid on such preference shares;
(s) The total number and amount of share warrants;
(t) The number of shares, if any, issued as consideration for any transfer of assets, of goodwill, or for value other than money, and the extent to which the same are paid; if none are so issued, this fact is to be stated;
(u) Such other information as required by regulation of the Government published in the Gazette officielle du Québec;
And, if the company is a mining company which may issue its shares at a discount,
(v) The number of shares sold or otherwise disposed of at a discount;
(w) The rate at which such shares were sold or disposed of.
Such information and details must be furnished and attested on the form prescribed for that purpose by the Inspector General.
The Inspector General shall place such forms at the disposal of every company.
(2) A duplicate of such return and of the attestation contemplated in subsection 3 shall be kept in the head office or principal office in Québec of the company, and may be inspected by any shareholder or creditor of the company; and the company shall so keep the same until another return is produced under the provisions of this act.
(3) The contents of the return of such company must be attested by the signature of a member of its board of directors.
(4) Every person attesting a return containing false or misleading information is guilty of an offence and is liable to a fine not exceeding one thousand dollars.
Every person who participated in, consented to or acquiesced in the giving of false or misleading information is also guilty of an offence and is liable to the same penalties.
(5) If a company makes default in complying with the provisions of this section, each director and officer of the company, and each person acting as a representative in Québec of a company having its head office outside Québec, shall, in addition to the costs, be liable to a fine of twenty dollars for each day of such default and, failing payment of such fine and costs, to imprisonment for a term not exceeding three months, without prejudice to the action which may be taken under the provisions of article 828 of the Code of Civil Procedure (chapter C-25).
(6) The Minister may, at his discretion and for good cause, extend the time for making and delivering any such return.
(7) No registrar shall register any instrument signed by or in favour of a company, or purporting to confer an interest in land upon a company, if he has received from the Inspector General a written notice that the company in question is late or in default in complying with the formalities required by this act. Upon the receipt of a written revocation of such notice, the registrar may proceed to the registration in the usual way.
(8) Trust companies and insurance companies shall not be obliged to furnish the return required by subsection 1 of this section.
4. (1) On or before the first day of September in each year, without notice or demand to that effect, every company incorporated under the laws of Québec, and every other company having its head office or other office or doing business or any part thereof in Québec, shall make out, certify and deliver to the Minister, as hereinafter required, a detailed return containing as of the 30th day of June next preceding, correctly stated, the following information and particulars:
(a) The name of the company;
(b) The citation of the laws under which the company was incorporated;
(c) The manner in which the company was incorporated, whether by special act, or by letters patent or otherwise, and the date thereof;
(d) Whether the existence of the company is limited, by statute or otherwise, and, if so, the period of its existence yet to elapse, and whether such period may be lawfully extended;
(e) Whether the company is operating and if not at what date it ceased operating;
(f) A general indication of the nature of the operations of the company and the relative importance of each of them;
(g) The names and addresses of the real domiciles of the president, secretary, treasurer, directors and manager of the company;
(h) The name and post-office address of the chief officer or manager in Québec;
(i) The location of the head office of the company, giving the street and number when possible;
(j) The location of the principal office in Québec where the head office is situated outside Québec;
(k) The date upon which the last annual meeting of the company was held;
(l) The amount of the bond or debenture debt of the company;
(m) A detailed statement of the real estate owned by it situated within Québec, where situate and the value thereof;
And in the case of a company having share capital, in addition:
(n) The amount of the capital stock of the company, and the number of shares into which it is divided and their description;
(o) The number of shares issued and allotted and the amount paid thereon;
(p) The par value, and, if without par value, then the market value, or, if there be no market value, the actual value of its shares according to the last statement of the company;
(q) The total amount of shares issued as preference shares during the period contemplated in the return;
(r) The total amount paid on such preference shares;
(s) The total number and amount of share warrants;
(t) The number of shares, if any, issued as consideration for any transfer of assets, of goodwill, or for value other than money, and the extent to which the same are paid; if none are so issued, this fact is to be stated;
(u) Such other information as required by regulation of the Government published in the Gazette officielle du Québec;
And, if the company is a mining company which may issue its shares at a discount,
(v) The number of shares sold or otherwise disposed of at a discount;
(w) The rate at which such shares were sold or disposed of.
Such information and details must be furnished and attested on the form prescribed for that purpose by the Minister.
The Minister shall place such forms at the disposal of every company.
(2) A duplicate of such return and of the attestation contemplated in subsection 3 shall be kept in the head office or principal office in Québec of the company, and may be inspected by any shareholder or creditor of the company; and the company shall so keep the same until another return is produced under the provisions of this act.
(3) The contents of the return of such company must be attested by the signature of a member of its board of directors.
(4) Every person attesting a return containing false or misleading information is guilty of an offence and is liable to a fine not exceeding one thousand dollars.
Every person who participated in, consented to or acquiesced in the giving of false or misleading information is also guilty of an offence and is liable to the same penalties.
(5) If a company makes default in complying with the provisions of this section, each director and officer of the company, and each person acting as a representative in Québec of a company having its head office outside Québec, shall, in addition to the costs, be liable to a fine of twenty dollars for each day of such default and, failing payment of such fine and costs, to imprisonment for a term not exceeding three months, without prejudice to the action which may be taken under the provisions of article 828 of the Code of Civil Procedure.
(6) The Minister may, at his discretion and for good cause, extend the time for making and delivering any such return.
(7) No registrar shall register any instrument signed by or in favour of a company, or purporting to confer an interest in land upon a company, if he has received from the Minister a written notice that the company in question is late or in default in complying with the formalities required by this act. Upon the receipt of a written revocation of such notice, the registrar may proceed to the registration in the usual way.
(8) Trust companies and insurance companies shall not be obliged to furnish the return required by subsection 1 of this section.
