# The RTM Companies (Model Articles) (Wales) Regulations 2011, Paragraph 6

Extent: E+W

The income of the company, from wherever derived, must be applied solely in promoting the company’s objects, and, save on a winding up of the company, a distribution must not be made to its members in cash or otherwise.

---
Source: https://www.legislation.gov.uk/wsi/2011/2680/schedule/1/paragraph/6 (the official version)
Page: https://openlegislation.uk/rtm-companies-model-articles-wales-regulations-2011/schedule-1/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.