http://www.legislation.gov.uk/nisr/1997/251/regulation/48/madeOpen-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997InvestmentFinancial advice servicesGovernment Printer for Northern Ireland2020-07-16FINANCIAL SERVICES The Regulations make provision for the formation in Northern Ireland of a class of body corporate referred to in the Regulations as an investment company with variable capital. The Regulations also make provision for the authorisation of investment companies with variable capital and for their subsequent supervision. <Emphasis>Operation</Emphasis>Name to appear in correspondence etc. 48 1 Every investment company with variable capital shall have its name mentioned in legible characters in all letters of the company and in all other documents issued by the company in the course of business. 2 If an officer of a company or a person on the company’s behalf signs or authorises to be signed on behalf of the company any cheque or order for money or goods in which the company’s name is not mentioned as required by paragraph (1) he is personally liable to the holder of the cheque or order for money or goods for the amount of it (unless it is duly paid by the company).
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<dc:title>Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997</dc:title>
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<dc:modified>2020-07-16</dc:modified>
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<dc:description>The Regulations make provision for the formation in Northern Ireland of a class of body corporate referred to in the Regulations as an investment company with variable capital. The Regulations also make provision for the authorisation of investment companies with variable capital and for their subsequent supervision.</dc:description>
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<Text>Every investment company with variable capital shall have its name mentioned in legible characters in all letters of the company and in all other documents issued by the company in the course of business.</Text>
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<Text>If an officer of a company or a person on the company’s behalf signs or authorises to be signed on behalf of the company any cheque or order for money or goods in which the company’s name is not mentioned as required by paragraph (1) he is personally liable to the holder of the cheque or order for money or goods for the amount of it (unless it is duly paid by the company).</Text>
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