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Part 4U.K.A company's capacity and related matters

Modifications etc. (not altering text)

Capacity of company and power of directors to bind itU.K.

39A company's capacityU.K.

(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).

Modifications etc. (not altering text)

C2S. 39 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 3(a) (with transitional provisions and savings in regs. 7, 9, Sch. 2)