89Register to be maintained

##### 89 Register to be maintained (1) A person to whom this Part applies shall maintain a Register, in accordance with the prescribed form or in the prescribed manner, for the purposes of this Part and shall keep the Register at a place in the Territory or in a participating State or participating Territory. (2) Where: (a) a person is at the commencement of this Act, or becomes after that commencement, a person to whom this Part applies; and (b) the person is aware at that commencement or when he becomes such a person, as the case may be, that he has a relevant interest in securities; he shall, within 7 days after the date of commencement of this Act or the day on which he becomes such a person, as the case may be, if he has not already done so, cause to be entered, as prescribed, in the Register particulars of those securities and of the nature of his relevant interest in those securities. (3) Where a person to whom this Part applies becomes aware that he has a relevant interest in securities he shall, within 7 days after the day on which he becomes so aware, cause to be entered, as prescribed, in the Register particulars of those securities and of the nature of his relevant interest in those securities. (4) Where there is a change in the relevant interest of a person to whom this Part applies in securities, he shall, within 7 days after the day on which he becomes aware of the change, cause particulars of the change to be entered in the Register. (5) For the purposes of this section, where a person to whom this Part applies commences or ceases to have a relevant interest in securities, there shall be deemed to be a change in the relevant interest of that person in those securities. (6) Where a person to whom this Part applies is required by this section to enter in the Register particulars of any securities and of the nature of his relevant interest in those securities, or particulars of a change in his relevant interest in any securities, the particulars to be so entered shall include: (a) the date on which he commenced or ceased to have the relevant interest or on which the change occurred; (b) the number of securities to which the relevant interest relates or related; (c) if the relevant interest was acquired or disposed of or the change occurred for valuable consideration—the amount of the consideration and, if the consideration did not consist wholly of money, the nature of the part of the consideration that did not consist of money; and (d) if the securities are not registered in the name of the first‑mentioned person—the name of the person who is registered as the holder of the securities or, if any other person is entitled to become registered as the holder of the securities, the name of that other person. Penalty: $2,500 or imprisonment for 6 months, or both.