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The Companies (No. 2) (Northern Ireland) Order 1990

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This is the original version (as it was originally made).

Statement of company’s objects

46.—(1) In Chapter I of Part II of the Companies Order (company formation), after Article 14 (forms of memorandum) insert—

Statement of company’s objects: general commercial company

14A.  Where the company’s memorandum states that the object of the company is to carry on business as a general commercial company—

(a)the object of the company is to carry on any trade or business whatsoever, and

(b)the company has power to do all such things as are incidental or conducive to the carrying on of any trade or business by it..

(2) In the same Chapter, for Article 15 (resolution to alter objects) substitute—

Resolution to alter objects

15.(1) A company may by special resolution alter its memorandum with respect to the statement of the company’s objects.

(2) If an application is made under Article 16, an alteration does not have effect except in so far as it is confirmed by the court..

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