xmlns:atom="http://www.w3.org/2005/Atom"

Part 4A company’s capacity and related matters

Capacity of company and power of directors to bind it

39A company’s capacity

(1)The validity of an act done by a company shall not be called into question on the ground of lack of capacity by reason of anything in the company’s constitution.

(2)This section has effect subject to section 42 (companies that are charities).