C1Part 3A company's constitution

Annotations:
Modifications etc. (not altering text)

Chapter 2Articles of association

General

I119Power of Secretary of State to prescribe model articles

1

The Secretary of State may by regulations prescribe model articles of association for companies.

2

Different model articles may be prescribed for different descriptions of company.

3

A company may adopt all or any of the provisions of model articles.

4

Any amendment of model articles by regulations under this section does not affect a company registered before the amendment takes effect.

“Amendment” here includes addition, alteration or repeal.

5

Regulations under this section are subject to negative resolution procedure.