Section 5 Memorandum of unlimited company.
In the case of an unlimited company—
(1)
The memorandum must state—
(i)
The name of the company;
(ii)
The part of the United Kingdom, whether England, Scotland, or Ireland, in which the registered office of the company is to be situate ;
(iii)
The objects of the company.
(2)
If the company has a share capital—
(i)
No subscriber of the memorandum may take less than one share ;
(ii)
Each subscriber must write opposite to his name the number of shares he takes.