DOMINION LEGISLATION—AUSTRALIA 823

business in South Australia (s. 3 of No. 576 of
1893). A foreign company incorporated in
Great Britain or Ireland need not comply with
the regulations for these companies until after
one year. These regulations provide that a
foreign company must appoint an attorney
resident in the State empowered to sue and be
sued in any civil or criminal proceedings, and
must file together with the power of attorney a
declaration giving details as to the incorporation
of the company, and the execution of the power
of attorney; further, that a foreign company
must have an office in the State where docu-
ments can be served, and that three months’
notice of intention on the part of a foreign com-
pany to cease business shall be given .in the
Government Gazette, and that for three months
after such publication legal and other documents
may be served on the attorney or at the com-
pany’s office. The attorney of a foreign com-
pany may delegate his powers (s. 9 of No. 576
of 1893).

Ss. 211-220. No-liability companies. The system of no-
liability companies is generally the same as in New South Wales
(q.v.). An additional requirement is that directors shall be
personally liable for payment of wages not exceeding four weeks
owing by such companies. It is not possible to form a guarantee
company, nor are there any provisions relating to share warrants
to bearer.

Under the Companies (Mortgages, Charges and Debentures)
Act, No. 1619 of 1924, provision is made for the registration of all
mortgages and charges created by companies before the commence-
ment of the Act, which have not been wholly satisfied. In regard
to subsequent mortgages and charges, and to debentures, the
provisions of the English Act of 1929 are adopted with only
the following variations: (1) mortgages on land are not included
among those required to be registered; (2) mortgages registered
within or on the expiration of 30 days from the creation of
unregistered mortgages over the same assets are invalid unless
made in good faith to correct a material error in the prior mort-
gage; (3) debentures issued within six months of a company’s
going into liquidation are void as security on the company’s
property except as security for a loan made or agreed to be
made at the time of the issue of the debentures.

Amending Act No. 1738 of 1926 is a short Act to prevent
companies registering with a name which includes the words
Friendly Society.” No. 1754 of 1926 amends those sections of
the principal Act which relate to reduction of capital, while No.
i853 of 1928 prevents the registration of companies which carry
on business outside Australia, whose obiects. if carried on in
Australia would be illecal