774 SECRETARIAL PRACTICE
the interest of such a director
consists in being a partner in a
firm, the nature and extent of the
interest of the firm, with a state-
ment of all sums paid or agreed to
be paid to him or to the firm in
cash or shares, or otherwise, by
any person either to induce him
to become or to qualify him as, a
director, or otherwise for services
rendered or to be rendered to the
Company by him or by the firm.
Rates of the dividends (if any) paid
by the Company in respect of each
class of shares in the Company in
each of the three financial years
immediately preceding the date of
this statement or since the incorpor-
ation of the Company whichever
period is the shorter.
Particulars of the cases in which no
dividends have been paid in respect
of any class of shares in any of
these vears.
[f any of the unissued shares or
debentures are to be applied in
the purchase of any business the
amount, as certified by the persons
by whom the accounts of the busi-
ness have been audited, of the net
profits of the business in respect of
each of the three financial years
immediately preceding the date of
this statement, provided that in
the case of a business which has
been carried on for less than three
years and the accounts of which
have only been made up in respect
of two years or one year the above
requirement shall have effect as
if references to two years or one
year, as the case may be, were
substituted for references to three
years, and in any such case the
statement shall say how long the
business to be acquired has been
carried on.