(1) Subject to subsection (2) of this section, the Registrar shall forthwith register every copy of a trust deed or deed of participation delivered to him or her for registration under this Act.
(2) The Registrar may refuse to register a trust deed or deed of participation if—
(a) It does not comply with this Act; or
(b) It contains any misdescription or error or any matter that is not clearly legible; or
(c) The prescribed registration fee is not paid.
(3) Upon registration of a copy of a deed pursuant to this section, the Registrar shall forthwith give a certificate of that registration, and the certificate shall be conclusive evidence that the deed has been registered under this section.
Subsection (1) was amended, as from 3 May 2001, pursuant to section 5(e) Securities Amendment Act 2001 (2001 No 25), by inserting after the word “him”
the words “or her”
.
Section 46(3): amended, on 28 July 2009, by section 13 of the Securities (Disclosure) Amendment Act 2009 (2009 No 23).