OpenLegislation

Regulation 13 Memorandum of association

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The memorandum of association of a commonhold association must be in the form in Schedule 1 (memorandum of association) or a form to the same effect.

(2)

The memorandum of association of a commonhold association must contain all the provisions contained in the form in Schedule 1 and each provision in that Schedule will have effect for a commonhold association whether or not it is adopted under paragraph 2(2) of Schedule 3 to the Act.

(3)

In its memorandum of association, a commonhold association must—

(a)

include the name of the commonhold association on the front page and in paragraph 1;

(b)

omit “England and Wales” or “Wales” from paragraph 2; and

(c)

include the name of the commonhold in paragraph 3.

(4)

A commonhold association may include additional provisions in its memorandum of association immediately after the provision which appears as paragraph 5 in Schedule 1 where the additional provisions are preceded by a heading which must include “additional provision specific to this commonhold association” and each new provision must be given a number.