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86.—(1) In its application to a converting SE on or after registration the 1986 Order and the Insolvency (Northern Ireland) Order 1989 shall have effect with the modifications set out in paragraphs 2 to 10 of Schedule 4.
(2) On and after registration a converting SE shall be known by the name contained in its memorandum (subject to Article 38 of the 1986 Order).
(3) The persons named in Form SE83(NI) shall be deemed to have been appointed as the first directors or secretary of a converting SE on registration.
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