HC Deb 22 June 1971 vol 819 cc251-2W
49. Mr. Iremonger

asked the Secretary of State for Trade and Industry if he will introduce legislation to amend the Companies Acts so as to add a Schedule to the Act of 1948 to be the model memorandum and articles of association of an unlimited company having no share capital; and if he will, in the meantime, state what advice the Registrar gives to promoters of such companies desirous of drafting an acceptable memorandum and acceptable articles in preparation for application for registration of such a company.

Mr. Ridley

No. I think it right that the promoters of a company in this uncommon class should consider what form, within the limitations imposed by the Act, the memorandum and articles should take if the company is to serve its purpose. The advice to promoters would be to consult their legal advisers and, perhaps, to look at Table C.