Companies (amendment) bill 2014[1]

Attorney General’s Chambers

14 April 2014

TURKS AND CAICOS ISLANDS COMPANIES (AMENDMENT) BILL 2014 ARRANGEMENT OF CLAUSES CLAUSE

1.

2.

Short title and commencement Section 63 amended

1

Attorney General’s Chambers

14 April 2014

TURKS AND CAICOS ISLANDS A PROPOSAL FOR A

BILL FOR AN ORDINANCE TO AMEND THE COMPANIES ORDINANCE.

ENACTED by the Legislature of the Turks and Caicos Islands.

Short title and commencement 1. This Ordinance may be cited as the Companies (Amendment) Ordinance 2014 and shall come into operation on such day as the Governor may appoint by Notice published in the Gazette.

Section 63 amended 2. Section 63 of the Companies Ordinance is amended— (a) by inserting before the existing provision, the subsection designation “(1)”; and (b) by inserting the following subsection— “(2) For the purposes of subsection (1), “year” means the period of twelve months beginning on 1 May in any year and ending on 30 April in the following year.”.

PASSED by the House of Assembly this

Tracey Parker Clerk to the House of Assembly

2

day of

Robert Hall Speaker

2014.

Attorney General’s Chambers

14 April 2014

EXPLANATORY MEMORANDUM This Bill seeks to amend section 63 of the Companies Ordinance to provide a definition of “year” for the purposes of subsection (1) of that section.

3