Companies Act (Cap. 386)

Companies Act (Cap. 386), article 415

Official PDF on legislation.mt

415. (1) For the purposes of an investigation made by virtue of article 414, the provisions of articles 406(1), 407, 408 and 40 9 shall apply with the necessary modifications of references to the aff airs of the company or to those of any other body corporate, subject however to the provisions of sub-articles (2) to (4). ( 2) The provisions of the articles referred to in sub-article (1 ) 258 CAP. 386.] COMP ANIES shall apply to - (a) all persons who are or have been, or whom the inspector has reasonable cause to believe to be or have been, financially interested in the success or failure of t h e c o m p a n y o r a n y o t h e r b o d y c o r p o r a t e w h o s e membership is investigated with that of the company, or able to control or materially influence its policy, including persons concerned in the affairs of the company only on behalf of others; and (b) a n y o t h e r p e r s o n w h o m t h e i n s p e c t o r h a s r e a s o n a b l e cause to believe possesses information relevant to the investigation, as they apply in relation to off icers and agents of the company or any other body corporate whose me mbership is investigated, as t he case may be. "officers" and "agents" shall have the meaning assigned to them by article 407(4). (3) If the Registrar is of the opinion that there is good reason for not divulging any part of a report made by virtue of articl e 414 and of this article, he may forward or furnish a copy of the re port in accordance with the provisions of article 410(3) with the omiss ion of that part. (4) The applicant or applicants for the investigation shall be liable to such extent, if any, as the Registrar may direct; and subject as aforesaid, the expenses of an investigation made by virtue o f article 414 shall be pai d out of public funds. Power to obtain information as to those interested in shares, etc. Amended by: L.N. 425 of 2007 XVIII.2025.49.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.