Part 7

Re-registration as a means of altering a company's status

Public company becoming private and unlimited

Issue of certificate of incorporation on re-registration
111
1
If on an application for re-registration of a public company as an unlimited private company the registrar is satisfied that the company is entitled to be so re-registered, the company shall be re-registered accordingly.
2
The registrar must issue a certificate of incorporation altered to meet the circumstances of the case.
3
The certificate must state that it is issued on re-registration and the date on which it is so issued.
4
On the issue of the certificate—
a
the company by virtue of the issue of the certificate becomes an unlimited private company, and
b
the changes in the company's name and articles take effect.
5
The certificate is conclusive evidence that the requirements of this Act as to re-registration have been complied with.
Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))