COMPANIES ACT 1981 COMPENDIUM

PREFACE

As a service to our clients, Conyers Dill & Pearman has prepared this Companies Act Compendium. The Companies Act Compendium contains a consolidated version of the Companies Act 1981, incorporating all amendments to date. The most recent legislative updates to this compendium include the Investment Business Amendment Act 2015, in force 8 July 2016, the Corporate Service Provider Business Amendment Act 2014, which includes consequential amendments to the Exchange Control Regulations 1973, in force 30 June 2016, the Partnerships and Companies Amendment Act 2016, in force 22 June 2016, the Proceeds of Crime Amendment Act 2016, in force 1 April 2016, which inserted section 92B Register of Directors, and the Government Fees Amendment Regulations 2016, in force 1 April 2016. This compendium also includes the following related legislation as amended:

Mutual Companies (Non-Application of Companies Act) Regulations 1995

Government Fees Regulations 1976 (select provisions)

Companies (Financial Statements and Auditor's Report) Rules 1995

List Statutory Appointments (Appointed Stock Exchanges, Appointed Jurisdictions, Competent Regulatory Authorities, Generally Accepted Accounting Principles, Appointed General Auditing Standards, and Securities Transfer Agents)

Exempted Undertaking Tax Protection Act 1966

Stamp Duties (International Business Relief) Act 1990

Bermuda Monetary Authority Act 1969 (select provisions)

Exchange Control Act 1972 (select provisions)

Exchange Control Regulations 1973 (select provisions)

Investment Business Act 2003 (select provisions)

Investment Business (Exemptions) Order 2004 (select provisions)

Investment Funds Act 2006 (select provisions)

This Compendium does not, however, contain (i) the various forms and filings prescribed by the Act and (ii) The Companies Winding-Up Rules 1982; these are available on request. In addition, further regulations apply to companies carrying on (i) insurance business, (ii) investment fund or investment fund administration business, or (iii) trust business. More information and/or separate consolidations of applicable legislation are available on request.

While every effort has been made to ensure its accuracy, and it is believed that the only errors in the legislation are those contained in the statutes themselves (which errors have been faithfully reproduced), no responsibility is assumed for the content, and reference is made to the original legislation for an authoritative statement of the Companies Act 1981 and Rules, Regulations and Orders and other legislation contained herein.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.