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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 7

Regulations required in case of unlimited company or company limited by guarantee.

7.(1) In the case of an unlimited company the articles must state the number
of members with which the company proposes to be registered and, if
the company has a share capital, the amount of share capital with which
the company proposes to be registered.

(2) In the case of a company limited by guarantee, the articles must state the
number of members with which the company proposes to be registered.

(3) Where an unlimited company or a company limited by guarantee 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 [in the prescribed form],
and the registrar shall record the increase.

If default is made in complying with this sub-section, the company and every
officer of the company who is in default shall be liable to a default fine.

© 1960 Crown Copyright

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