1923_COMPANIES_ORDINANCE__1911 — Page 121

COMPANIES.

No. 58 of 1911.

2121

case of a company limited by guarantee, as if the company had been formed and registered under this Ordinance as a company limited by guarantee; and in the case of a company other than a limited company, as if the company had been formed and registered under this Ordinance as an unlimited

Company:

Provided that reference, express or implied, to the date of registration shall be construed as a reference to the date at which the company was in fact registered.

of Ordinance

226. This Ordinance shall apply to every company Application registered but not formed under the Companies Ordinance, to companies 1865, in the same manner as it is hereinafter in this Ordi- registered nance declared to apply to companies registered but not under former formed under this Ordinance:

Companies Ordinances. 8 Edw. 7,

Provided that reference, express or implied, to the date of c. 69, s. 246. registration shall be construed as a reference to the date at Ordinance which the company was registered under the Companies No. 1 of 1865. Ordinance, 1865.

PART VII.

COMPANIES AUTHORISED TO REGISTER UNDER This OrdinANCE,

227.--(1) With the exceptions and subject to the provi- Companies sions mentioned and contained in this section,-

capable of being regis- tered.

(i) any company consisting of seven or more members, red which was formed for the purpose of carrying on the business c. 69, s. 219. of banking, and which was in existence at the commence- ment of this Ordinance;

(ii) any company consisting of seven or more members, which was in existence on the 1st day of May, 1865;

(iii) any company formed after the date aforesaid, whether before or after the commencement of this Ordinance in pursuance of any Ordinance other than this Ordinance, or being otherwise duly constituted by law, and consisting of seven or more members;

may at any time register under this Ordinance as an un- limited company, or as a company limited by shares, or as a company limited by guarantee; and the registration shall not be invalid by reason that it has taken place with a view to the company being wound up.