C1Part 2Company formation

Annotations:
Modifications etc. (not altering text)

General

I18Memorandum of association

1

A memorandum of association is a memorandum stating that the subscribers—

a

wish to form a company under this Act, and

b

agree to become members of the company and, in the case of a company that is to have a share capital, to take at least one share each.

2

The memorandum must be in the prescribed form and must be authenticated by each subscriber.