# The Companies (Northern Ireland) Order 1986 (revoked), Article 34: Minimum membership for carrying on business

Extent: N.I.

(1) If a company, other than a private company limited by shares or by guarantee, carries on business without having at least two members and does so for more than 6 months, a person who, for the whole or any part of the period that it so carries on business after those 6 months—
(a) is a member of the company, and
(b) knows that it is carrying on business with only one member,
is liable (jointly and severally with the company) for the payment of the company's debts contracted during the period or, as the case may be, that part of it.
(2) For the purposes of this Article references to a member of a company do not include the company itself where it is such a member only by virtue of its holding shares as treasury shares.

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Source: https://www.legislation.gov.uk/nisi/1986/1032/article/34 (the official version)
Page: https://openlegislation.uk/companies-northern-ireland-order-1986-revoked/article-34
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.