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7.—(1) Section 28 of the Companies Act 2006 (existing companies: provisions of memorandum treated as provisions of articles) applies not only to an existing company but also to a transitional company.
(2) In its application to a transitional company the reference to provisions that were contained in the company’s memorandum immediately before the commencement of Part 3 shall be read as a reference to provisions that are contained in the company’s memorandum on its registration or re-registration (as the case may be).
(3) Subject to sub-paragraphs (1) and (2), in subsection (1) of that section—
(a)“before the commencement of this Part” means before 1st October 2009, and
(b)“after the commencement of this Part” means on or after that date.
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