Part II Re-registration as a means of altering a company’s status
Unlimited company becoming limited
52 Certification of re-registration under s. 51.
1
The register shall retain the application and other documents lodged with him under section 51, and shall issue to the company a certificate of incorporation appropriate to the status to be assumed by the company by virtue of that section.
2
On the issue of the certificate—
a
the status of the company is, by virtue of the issue, changed from unlimited to limited; and
b
the alterations in the memorandum specified in the resolution and the alterations in, and additions to, the articles so specified take effect.
3
The certificate is conclusive evidence that the requirements of section 51 in respect of re-registration and of matters precedent and incidental to it have been complied with, and that the company was authorised to be re-registered in pursuance of that section and was duly so re-registered.