A.154
16. (1) The Authority may appoint such committees as it considers
appropriate, consisting of its members or other suitably qualified persons.
(2) The Authority may delegate any of its powers, functions or duties
under this Act, to a committee appointed under subsection (1).
17. Subject to section 9, the Board may invite any person, not being a
present member, to attend any Board meeting or otherwise assist it with
its deliberations, and any person so invited shall not have any voting rights
on the Board.
18. (1) Where a member is present at a meeting of the Board or any
committee, at which meeting a matter which is the subject of consideration
is one in which he or she is directly or indirectly interested in a private
capacity, the member shall, as soon as practicable after the commencement
of the meeting, disclose such interest and shall not, unless the Board
otherwise directs, take part in any consideration or discussion of, or vote
on any question touching upon, such matter.
(2) A disclosure under subsection (1) shall be recorded in the minutes
of the meeting at which it was made.
(3) Where a member fails to disclose his or her interest in accordance
with subsection (1) and a decision by the Board is made benefiting such
member, such decision shall be null and void.
(4) A member who contravenes subsection (1) commits an offence
and is liable to a fine of P10, 000.00 or imprisonment for a term not
exceeding one year.
Committees of
Authority
Co-opted
members
Disclosure of
interest
PART V – Various Offices within Authority
19.
(a)
(b)
(c)
20.
(a)
(b)
(c)
(d)
(e)
(f)
The Authority shall comprise the following offices —
the Companies and Business Names Office;
the Industrial Property Office; and
the Copyright Office.
The Companies and Business Names Office shall —
process applications made in terms of the Companies Act and
Registration of Business Names Act;
keep a register of registered business names in a prescribed form in
which shall be entered such particulars as are required by the
Registration of Business Names Act;
take charge of, and be responsible for the safe custody of, all
documents lodged with the Companies and Business Names Office
under the Companies Act;
examine and register all returns and other documents lodged with
the Companies and Business Names Office;
prescribe fees and conditions under which a person may consult,
inspect or make a copy of, or obtain an extract from a document lodged
and kept in the Companies and Business Names Office; and
exercise any other powers —
(i) conferred on it by this Act or any other Act, or
(ii) which the Minister may by regulations prescribe.
Offices within
Authority
Companies
and Business
Names Office