Law library · Sierra Leone · The Companies Act, 2009
Section 171, The Companies Act, 2009
In forceThe Companies Act, 2009, Sierra Leone
(1) The Commission shall keep with respect to eachcompany, a register in the prescribed form, of all the charges requiring
registration under this Part and shall, on payment of such fee as may
be prescribed by the Commission, enter in the register with respect
to such charges the following particulars:–
(a) in the case of a charge to the benefit of which
the holders of a series of debentures are
entitled, such particulars as are specified in
subsection (8) of section 170;
(b) in the case of any other charge–
(i) if the charge was a charge created by
the company, the date of its creation,
and if the charge was a charge existing
on property acquired by the company,
the date of its creation, and the date of
the acquisition of the property;
(ii) the amount secured by the charge;
(iii) brief particulars of the property; and
(iv) the persons entitled to the charge.
(2) Where a charge is registered under this Part the
Commission shall issue a registration certificate setting out the parties
to the charge, the amount thereby secured, with such other particulars
as the Commission may consider necessary; and the certificate shall
be conclusive evidence of due compliance with the requirements as
to registration under this Part.
(3) The register kept in pursuance of this section shall be
open to inspection by any person on payment of such fee, for each
inspection as may be prescribed by the Commission.
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