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Section 5 Memorandum of unlimited company.

Original text. Later amendments are not shown.

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.