Section 358. Endorsement of certificate of registration on debentures

(1) A company shall cause to be endorsed on every debenture forming one of a series of debentures or certificate of debenture stock which is issued by the company and the payment of which is secured by a charge registered—

(a) a copy of the certificate of registration; or

(b) a statement that the registration has been effected and the date of registration.

(2) Subsection (1) shall not apply to any debenture or certificate of debenture stock which has been issued by the company before the charge was registered.

(3) If a company contravenes this section, every person who knowingly and wilfully authorizes or permits the delivery of any debenture or certificate of debenture stock which is not endorsed as required by this section commits an offence.