(1)On the appointed day the company incorporating the Institute shall be dissolved.
(2)The College shall notify the registrar of the effect of subsection (1) above and of section 10 below within 14 days of the appointed day; and the registrar shall record the dissolution of the company in question.
(3)In subsection (2) above, “the registrar” has the meaning given in section 744 of the [1985 c. 6.] Companies Act 1985.