Part 7Re-registration as a means of altering a company's status
Public company becoming private and unlimited
I1110Application and accompanying documents
1
An application for re-registration of a public company as an unlimited private company must contain a statement of the company's proposed name on re-registration.
2
The application must be accompanied by—
a
the prescribed form of assent to the company's being registered as an unlimited company, authenticated by or on behalf of all the members of the company, and
b
a copy of the company's articles as proposed to be amended.
3
The statement of compliance required to be delivered together with the application is a statement that the requirements of this Part as to re-registration as an unlimited private company have been complied with.
4
The statement must contain a statement by the directors of the company—
a
that the persons by whom or on whose behalf the form of assent is authenticated constitute the whole membership of the company, and
b
if any of the members have not authenticated that form themselves, that the directors have taken all reasonable steps to satisfy themselves that each person who authenticated it on behalf of a member was lawfully empowered to do so.
5
The registrar may accept the statement of compliance as sufficient evidence that the company is entitled to be re-registered as an unlimited private company.