Companies Act 1985

The company’s constitutionE+W+S

5(1)All provisions contained in any Act of Parliament or other instrument constituting or regulating the company are deemed to be conditions and regulations of the company, in the same manner and with the same incidents as if so much of them as would, if the company had been formed under this Act, have been required to be inserted in the memorandum, were contained in a registered memorandum, and the residue were contained in registered articles.

(2)The provisions brought in under this paragraph include, in the case of a company registered as a company limited by guarantee, those of the resolution declaring the amount of the guarantee; and they include also the statement under section 681(5)(a), and any statement under section 684(2).

6(1)All the provisions of this Act apply to the company, and to its members, contributories and creditors, in the same manner in all respects as if it had been formed under this Act, subject as follows.

(2)Table A does not apply unless adopted by special resolution.

(3)Provisions relating to the numbering of shares do not apply to any joint stock company whose shares are not numbered.

(4)Subject to the provisions of this Schedule, the company does not have power—

(a)to alter any provision contained in an Act of Parliament relating to the company,

(b)without the sanction of the Secretary of State, to alter any provision contained in letters patent relating to the company.

(5)The company does not have power to alter any provision contained in a royal charter or letters patent with respect to the company’s objects.

[F1(6)Where by virtue of sub-paragraph (4) or (5) a company does not have power to alter a provision, it does not have power to ratify acts of the directors in contravention of the provision.]

Textual Amendments

Modifications etc. (not altering text)