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Part 2U.K.Company formation

Modifications etc. (not altering text)

C1Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

GeneralU.K.

7Method of forming companyU.K.

(1)A company is formed under this Act by one or more persons—

(a)subscribing their names to a memorandum of association (see section 8), and

(b)complying with the requirements of this Act as to registration (see sections 9 to 13).

(2)A company may not be so formed for an unlawful purpose.

8Memorandum of associationU.K.

(1)A memorandum of association is a memorandum stating that the subscribers—

(a)wish to form a company under this Act, and

(b)agree to become members of the company and, in the case of a company that is to have a share capital, to take at least one share each.

(2)The memorandum must be in the prescribed form and must be authenticated by each subscriber.

Commencement Information

I1S. 8 wholly in force at 1.10.2009; s. 8 not in force at Royal Assent, see s. 1300; s. 8 in force for specified purposes at 20.1.2007 by S.I. 2006/3428, art. 3(3) (subject to art. 5, Sch. 1 and with arts. 6, 8, Sch. 5); s. 8 in force at 1.10.2009 in so far as not already in force by S.I. 2008/2860, art. 3(b) (with arts. 5, 7, 8, Sch. 2) (as amended by S.I. 2009/1802, art. 18)