COMPANIES ACT, 1929

767;
Accounts.

51. The directors shall cause proper books of account to be kept
with respect to—

All sums of money received and expended by the company and
the matter in respect of which the receipt and expenditure
takes place;

All sales and purchases of goods by the company; and

The assets and liabilities of the company.

52. The books of account shall be kept at the registered office
of the company, or at such other place or places as the directors
think fit, and shall always be open to the inspection of the directors.

53. The directors shall from time to time determine whether and
to what extent and at what times and places and under what con-
ditions or regulations the accounts and books of the company or any
of them shall be open to the inspection of members not being directors
and no member (not being a director) shall have any right of inspect-
ing any account or book or document of the company except as
conferred by statute or authorised bv the directors or by the company
in general meeting.

54. The directors shall from time to time in accordance with
section 123 of the Act, cause to be prepared and to be laid before the
company in general meeting such profit and loss accounts balance
sheets and reports as are referred to in that section.

55. A copy of every balance sheet (including every document
required by law to be annexed thereto) which is to be laid before the
company in general meeting together with a copy of the auditor's
report shall not less than seven days before the date of the meeting
be sent to all persons entitled to receive notices of general meetings of
the Companv

Audit
56. Auditors shall be appointed and their duties regulated] in
accordance with sections 132, 133, and 134 of the Act.

Notices.
57. A notice may be given by the company to any member either
personally or by sending it by post to him to his registered address,
or (if he has no registered address within the United Kingdom) to
the address, if any, within the United Kingdom supplied by him to
the company for the giving of notices to him.

Where a notice is sent by post, service of the notice shall be
deemed to be effected by properly addressing, prepaying, and
posting a letter containing the notice, and to have been effected
at the expiration of 24 hours after the letter containing the same
was posted.

58. If a member has no registered address within the United
Kingdom and has not supplied to the company an address within the
United Kingdom for the giving of notices to him 2a notice addrecced