Paragraph 6
A statement by the Corporation that if registration were to take place at the time of the delivery of documents the amount of the Corporation’s net assets would be not less than the aggregate of its called-up share capital and undistributable reserves assuming—
(a)
that shares were allotted as required by the order under section 1(3)(b), and
(b)
that the Corporation did not give notice of intention to carry on business as an investment company under section 266 of the M1Companies Act 1985.
Annotations
Marginal citations
- M1