Article 47 - Alteration of Articles of Association

(1) An Investment Club may by Special Resolution alter the provisions of its articles of association.
(2) Alterations so made to the articles of association shall have effect from the time of the passing of the Special Resolution or such later time as shall be specified in it.
(3) Any alteration to the articles of association must be registered on the Prescribed Form, accompanied by the payment of the Prescribed Fee, with the CRO within 21 days of the Special Resolution to alter it being passed by the Members.
Derived (as from 20th December 2016).