Public Service Investment Society Limited Act 1998

  • not the latest version
4 Registration as company
  • (1) The board may, at any time, deliver to the Registrar of Companies a copy of the special resolution and an application for registration under section 12 of the Companies Act 1993.

    (2) Section 12(1)(d) of the Companies Act 1993 (which requires the initial shareholders to consent in writing to becoming shareholders) does not apply to the application. Instead, the application and any other documents required to accompany it may be signed by 2 members of the board.

    (3) The Registrar of Companies must—

    • (a) Register the application; and

    • (b) Issue a certificate of incorporation.

    (4) The registration of the society ceases on its registration as a company and must be cancelled by the Registrar of Industrial and Provident Societies.