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INTERIM REVISED STATUTES OF ANGUILLA 2000

COMPANIES ACT

Part 3

PROTECTION OF CREDITORS AND INVESTORS

Division 1

Registration of Charges

Registration of charges

172. (1) A company shall maintain a register of all mortgages, debentures and charges specifically affecting property of the company and shall enter in the register in respect of each mortgage, debenture or charge a short description of the property mortgaged or charged, the amount of charge created and the name of the mortgagee, debenture holder or person entitled to the charge.

(2) The register of mortgages, debentures and charges required by subsection (1) shall be open to inspection by any creditor or shareholder of the company at all reasonable times.

(3) A company that contravenes subsection (1) commits an offence.

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Offshore Incorporation forum launched

30/09/2006

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on Offshore Companies, Incorporations,
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31/08/2006

Anguilla Financial Services Commission issued a letter regarding compliance of company managers and trust companies with the Anti-Money Laundering Regulations.

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24/08/2006

Anguilla Financial Services Commission has published the Notice of Revocation of the licence of Stewart Trust Limited, formerly known as Sterling Trust (Anguilla) Limited.

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