574
SECRETARIAL PRACTICE
Rogupfions te 7.—(1) In the case of an unlimited company the articles, if the
tnlimited coms company has a share capital, must state the amount of share capital
So i rpeny with which the company proposes to be registered.
guarantee. (2) In the case of an unlimited company or a company limited
by guarantee, the articles, if the company has not a share capital,
must state the number of members with which the company proposes
to be registered.
(3) Where a company not having a share capital has increased
the number of its members beyond the registered number, it shall,
within fifteen days after the increase was resolved on or took place,
give to the registrar of companies notice of the increase, and the
registrar shall record the increase.
If default is made in complying with this subsection, the
company and every officer of the company who is in default shall be
liable to a default fine.
Adoption and 8.—(1) Articles of association may adopt all or any of the regula-
application of tions contained in Table A.
(2) In the case of a company limited by shares and registered
after the commencement of this Act, if articles are not registered,
or, if articles are registered, in so far as the articles do not exclude
or modify the regulations contained in Table A, those regulations
shall, so far as applicable, be the regulations of the company in the
same manner and to the same extent as if they were contained in
duly registered articles.
9. Articles must—
(1) be printed;
(2) be divided into paragraphs numbered consecutively;
(3) bear the same stamp as if they were contained in a deed;
(4) be signed by each subscriber of the memorandum of asso-
ciation in the presence of at least one witness who must
attest the signature, and that attestation shall be sufficient
in Scotland as well as in England.
10.—(1) Subject to the provisions of this Act and to the condi-
tions contained in its memorandum, a company may by special
resolution alter or add to its articles.
(2) Any alteration or addition so made in the articles shall,
subject to the provisions of this Act, be as valid as if originally
contained therein, and be subject in like manner to alteration by
special resolution.
Printing, stamp,
and signature of
articles.
Alteration of
articles by
special reso-
lution.
Form of Memorandum and Articles.
Statutory forms
of memorandum
and articles.
11. The form of—
(1) the memorandum of association of a company limited by
shares;
(2) the memorandum and articles of association of a company
limited by guarantee and not having a share capital;