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Classification: General
61
be registered as the holder of shares on the faith of which entries have been made
in the register;
(b)
at any time after the expiration of one year from the date of cancellation, all
registered share certificates which have been cancelled;
(c)
at any time after the expiration of one year from the date of the relevant meeting,
all proxy forms;
(d)
at any time after the expiration of two years from the date of recording them, all
distribution mandates and notifications of change of address; and
(e)
at any time after the expiration of one year from the date of actual payment, all
paid distribution warrants and cheques.
(2)
It shall conclusively be presumed in favour of the Company that:
(a)
every entry in the register purporting to have been made on the basis of an
instrument of transfer or other document so destroyed was duly and properly
made;
(b)
every instrument of transfer so destroyed was a valid and effective instrument duly
and properly registered;
(c)
every share certificate so destroyed was a valid certificate duly and properly
cancelled;
(d)
every other document mentioned in paragraph (1) above so destroyed was a valid
and effective document in accordance with the particulars of it recorded in the
books and records of the Company; and
(e)
every paid distribution warrant and cheque so destroyed was duly paid.
(3)
The provisions of paragraph (2) above shall apply only to the destruction of a document in
good faith and without notice of any claim (regardless of the parties to it) to which the
document might be relevant.
(4)
Nothing in this article shall be construed as imposing on the Company or the board any
liability in respect of the destruction of any document earlier than as stated in paragraph
(1) above or in any other circumstances in which liability would not attach to the Company
or the board in the absence of this article.
(5)
References in this article to the destruction of any document include references to its
disposal in any manner.
WINDING UP
136.
135.
Winding up
Subject to any particular rights or limitations for the time being attached to any shares, as
may be specified in these articles or upon which such shares may be issued, if the
Company is wound up, the assets available for distribution among the members shall be
distributed to the members
pro rata
according to the number of shares held by each
member at the time of the commencement of the winding up. If any share is not fully
paid up, that share shall only carry the right to receive a distribution calculated on the
basis of the proportion that the amount paid up on that share bears to the issue price of
that share.