Section 19 | Power of Secretary of State to prescribe model articles

(1)The Secretary of State may by regulations prescribe model articles of association for companies.

(2)Different model articles may be prescribed for different descriptions of company.

(3)A company may adopt all or any of the provisions of model articles.

(4)Any amendment of model articles by regulations under this section does not affect a company registered before the amendment takes effect.“Amendment” here includes addition, alteration or repeal.

(5)Regulations under this section are subject to negative resolution procedure.