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(1)The Secretary of State may on the application of the Company by order authorise the alteration of the constitution of the Company and any such order may for that purpose add to, amend, repeal or replace any provision—
(a)incorporated by subsection (1) of section 4 (Incorporation of enactments) of this Act; or
(b)of this Part; or
(c)of the Act of 1830.
(2)Application for an order under this section shall be authorised by a special resolution of the Company and shall be accompanied by a draft of the order which the Company desire the Secretary of State to make.
(3)The Secretary of State may make an order in the terms of the draft submitted to him or in those terms as modified in such manner as he thinks fit.
(4)The power to make orders under this section shall be exercisable by statutory instrument.
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