346

Ch. 31. No. 1.] Companies.

Governor may by licence empower any such company to
hold lands in such quantity, and subject to such conditions,
as the Governor thinks fit.

2) A licence given by the Governor under this
section shall be in accordance with the form set out in the
second Schedule to this Ordinance, or as near thereto as
circumstances admit.

17. (1) A certificate of incorporation given by the
Registrar in respeet of any association shall be conclusive
evidence that all the requirements of this Ordinance in
respect of registration and of matters precedent and
incidental thereto have been complied with, and that the
association is a company authorised to be registered and
duly registered under this Ordinance.

(2) A statutory declaration by a solicitor engaged in
the formation of the company, or by a person named in the
articles as a director or secretary of the company, of com-
phance with all or any of the said requirements shall be
produced to the Registrar, and the Registrar may accept
such a declaration as sufficient evidence ‘of compliance.

18. (1) Subject to the provisions of this section, a
company registered as unlimited may register under this
Ordinance as limited, or a company already registered as
limited company may re-register under this Ordinance,
but the registration of an unlimited company as a limited
company shall not affect the rights or liabilities of the
company in respect of any debt or obligation incurred, or
any contract entered into, by, to, with, or on behalf of the
company before the registration, and those rights or
liabilities may be enforced in manner provided by this
Ordinance in the same manner in all respects as if no such
change of registration had taken place.

(2) On registration in pursuance of this section the
Registrar shall close the former registration of the company,
and may dispense with the delivery to him of copies of any
documents with copies of which he was furnished on the
oceasion of the original registration of the company, but,
save as aforesaid, the registration shall take place in the
same manner and shall have effect as if it were the first
registration of the company under this Ordinance.