Section 172Part 7 — Exempted Companies
False statement in declaration
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If any declaration under section 165 or 168 contains any wilful f alse statement or misrepresentation the company shall, on proof thereof, be liable to be immediately dissolved and removed from the register and in such case any fee tendered under section 26 (4) o r 169 shall be forfeited to the Minister charged with respon sibility for Finance for credit to the general revenue.