Commonwealth Development Corporation Act 1999 (c. 20)

SCHEDULES

SCHEDULE 2 U.K. Modification of Companies Act 1985, &c.

Part I U.K. Modifications before registration

1 (1) The Corporation’s memorandum of association shall not have names subscribed to it. U.K.

(2) Section 2(5)(b) and (c) and (6) of the Companies Act 1985 (memorandum of association: subscribers) shall not apply.

(3) In section 7 (articles of association) the following shall not apply—

(a) the requirement in subsection (1) for signature by the subscribers to the memorandum, and

(b) subsection (3)(c).

(4) In section 10(3) (statement of directors and secretary) the requirement for signature by the subscribers to the memorandum shall not apply.