Section 63: Exempt company: restriction on amendment of articles

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 5: A company's name — Chapter 2: Indications of company type or legal form

A private company—

that is exempt under section 61 or 62 from the requirement to use "limited" (or a permitted alternative) as part of its name, and
whose name does not include "limited" or any of the permitted alternatives,

must not amend its articles so that it ceases to comply with the conditions for exemption under that section.

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 5 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 5 on the standard scaleone-tenth of the greater of £5,000 or level 4 on the standard scale.

It is hereby declared that any such provision as is mentioned in subsection (4)(b) formerly contained in a company's memorandum was at all material times capable, with the appropriate approval, of being altered or removed under section 17 of the Companies Act 1985 or Article 28 of the Companies (Northern Ireland) Order 1986 (S.I. 1986/1032 (N.I. 6)) (or corresponding earlier enactments).

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