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63. In Chapter I of Part II of the Companies Order (company formation), after Article 19 (Tables A, C, D and E) insert—
19A.—(1) The Department may by regulations prescribe a Table G containing articles of association appropriate for a partnership company, that is, a company limited by shares whose shares are intended to be held to a substantial extent by or on behalf of its employees.
(2) A company limited by shares may for its articles adopt the whole or any part of that Table.
(3) If in consequence of regulations under this Article Table G is altered, the alteration does not affect a company registered before the alteration takes effect, or repeal as respects that company any portion of the Table.”.
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