(2) If default is made in compliance with this section, the individual or, as the case may be, every member of the firm shall be liable on conviction for each offence to a fine not exceeding two hundred and twenty five penalty units. (As amended by S.I. No. 5 of 1965 and Act No. 13 of 1994) 20. Where a corporation is guilty of an offence under this Act, every director, secretary, and officer of the corporation who is knowingly a party to the default shall be guilty of a like offence and liable to a like penalty. Offences by corporations SCHEDULE (Section 4) ADDITIONAL PARTICULARS REQUIRED FOR REGISTRATION BY NOMINEE, TRUSTEE OR GENERAL AGENT Description of firm, etc. The additional particulars The present Christian name and surname, Where the firm, individual or corporation to be registered carries on any former name, nationality, and, if that business as nominee or trustee. nationality is not the nationality of origin, the nationality of origin, and annual residence, or, as the case may be, the corporate name, of every person or corporation on whose behalf the business is carried out. Provided that if the business is carried on under any trust anu of the beneficiaries are a class of children or other persons, a description of the class shall be sufficient. Their business name and address of the Where the firm, individual, or firm or person as agent for whom the corporation required to be registered carries business is carried on: on business as general agent for any foreign Provided that if the business is carried on firms. as agent for three or more foreign firms, it shall be sufficent to state the fact that the business is so carried on, specifying the countries in which such foreign firmscarry on business.

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