19. (1) At any time, not more than six months after the sanction of such by-law, the directors may apply to the Lieutenant-Governor to confirm the same.
(2) With such application, they must produce such by-law, and establish to the satisfaction of the Minister of Consumer Affairs, Cooperatives and Financial Institutions, so that he may report thereon, the due passage and sanction of such by-law, and the bona fide character of the increase or reduction of capital thereby provided for.
(3) For that purpose the Minister of Consumer Affairs, Cooperatives and Financial Institutions or his assistant may take and keep of record any requisite evidence in writing, given under oath, and may administer every requisite oath.