COMPANIES ACT - 1963 (ACT 179)

    Section - 103 - Power for Company to Keep Branch Register

    (1) A company having shares may, if so authorised by its Regulations, cause to be kept in any country outside Ghana branch registers of shareholders or debentureholders residing in that country or in any other country outside Ghana, in this Code referred to as a branch register.

    (2) The company shall give to the Registrar notice of the situation of the office where any branch register is kept, and of any change in its situation, and if it is discontinued, of its discontinuance, and any such notice shall be given within twenty-eight days of the opening of the office or of the change or discontinuance, as the case may be.

    (3) If default is made in complying with subsection (2) of this section, the company and every officer of the company who is in default shall be liable to a fine not exceeding five pounds for every day during which the default continues.