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VOLUME: VIII
COMPANIES
CHAPTER: 42.01
Part:XVII Companies Limited by Guarantee (s 244)


244.   Provisions which apply to a company limited by guarantee

            (1) The following provisions shall not apply to a company limited by guarantee without a share capital-

     (a)     Part VI providing for shares;

     (b)     sections 98 to 103 providing for minority buy out rights and interest groups;

     (c)     sections 141 to 144 providing for the disclosure of directors’ interests in shares;

     (d)     section 83(2)(b) and (c) and sections 84(1) and (3) providing in relation to share register; and

     (e)     Part XIV providing for amalgamations.

            (2) The provisions of this Act other than those referred to in subsection (1) shall apply to a company limited by guarantee without a share capital with all necessary modifications, as if-

     (a)     the company were a company limited by shares;

     (b)     references to shareholders were references to members; and

     (c)     references to the share register were references to the register of members.