Notification of share capital changes required; failure attracts daily fines and Registrar must amend records. Companies must notify the Registrar within thirty days of consolidating shares, converting shares into stock, reconverting stock into shares, sub-dividing shares, redeeming redeemable preference shares, or cancelling shares (other than under the statutory reduction procedure); the Registrar will record the notice and make necessary alterations to the company's memorandum or articles, and default by the company or any officer incurs a daily fine.