SCHEDULES

SCHEDULE 3E+WCommonhold association

Part 1 E+W[F1Articles of Association]

Form and contentE+W

2(1)Regulations shall make provision about the form and content of [F2the articles].

(2)A commonhold association may adopt provisions of the regulations for its [F3articles].

(3)The regulations may include provision which is to have effect for a commonhold association whether or not it is adopted under sub-paragraph (2).

(4)A provision of the [F3articles] shall have no effect to the extent that it is inconsistent with the regulations.

(5)Regulations under this paragraph shall have effect in relation to [F4articles]

(a)irrespective of the date of the [F5articles], but

(b)subject to any transitional provision of the regulations.

[F6(6)Section 20 of the Companies Act 2006 (default application of model articles) does not apply to a commonhold association.]