Commonwealth Development Corporation Act 1999

Effect of registration

6Section 13 of the [1985 c. 6.] Companies Act 1985 (effect of registration) shall not apply.

7(1)This paragraph applies in place of section 22(1) of the Companies Act 1985 (members).

(2)The persons to whom shares are allotted by virtue of section 6 of this Act are deemed to have agreed to become members of the Corporation, and shall be entered as such in its register of members on registration.