Section 2 Filing of documents.
On the filing day the Corporation shall deliver the documents listed in Schedule 1 to the registrar of companies in England and Wales.
The memorandum and articles of association required by paragraphs 1 and 2 of Schedule 1 must be accompanied by a certificate of the Secretary of State that he approves them.
If the Corporation is unable to make the statement required by paragraph 6 of Schedule 1 on the filing day, the Corporation’s duty under subsection (1) shall lapse.
If the Corporation’s duty under subsection (1)—
lapses under subsection (3), or
is not discharged on the filing day,
the Secretary of State may make a new determination under section 1(1).
For the purposes of Schedule 1, Part I of the Companies Act 1985 shall have effect with the modifications specified in Part I of Schedule 2 to this Act.