LPC Law Notes > Business Law and Practice Notes
A more recent version of these Model Articles Table A Table notes – written by Cambridge And Oxilp And College Of Law students – is available here.
The following is a more accessble plain text extract of the PDF sample above, taken from our Business Law and Practice Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:
NOTE Co.'s that were incorporated on or after 1 Oct, 2009 = 2006 Act Co. and are governed by the 2006
Act and thus MA apply; conversely, Co.'s that were incorporated before 1 Oct, 2009 = 1985 Act Co. and are governed by the 1985 Act and thus TA apply to its Art. of Asso. MA = Model Articles S.20 of the 2006 Co. Act provides that the articles of a 2006 co. are to be those set out in the "Model Articles" Regulation 2008, except to the extend its shareholders substitute their own articles. There are 3 MA's:
1. Private Limited Co by Shares
2. Private Limited Co by Guarantee
3. Public Limited Co.
MA/TA Authority Table - Alphabetical Decision
Authority
All shares to be fully paid up
MA21 / No TA equivalent
Appointing D's BMs - Calling BMs - Casting Vote
MA17 / TA78/79 MA9 / TA88 MA13 / TA88
BMs - Chairing BMs - Conflicts of Interest
MA12 / TA91 MA14 / TA 85,86, 94 (exceptions), 95 & 96
BMs - Participating
MA10 / No TA equivalent MA11 / TA89, 95 & 96
BMs - Quorum BMs - Records of Decisions
MA15 / TA 100(b)
Capitalise and Appropriation of Sums
- Authority Committees Communication means
MA36 / TA110
Company not bound by less than absolute interests Company Seals D's Delegation Powers D's General Authority
MA6 / TA 72 MA48 / TA 111 - TA116 MA23 / TA5 MA49 / TA101 MA5 / TA71 & 72 MA3 / TA70
D's taking decisions collectively = +50%
MA7 / TA 88
Defined Terms Distributions - No interest Distributions - Non Cash Distributions Unclaimed Distributions - Waiver
MA1 / TA1 MA32 / TA107 MA34 / TA105 MA33 / TA108 MA35 / No equivalent TA
Dividend Declaration Procedure
MA30 / TA 102 - 104
Dividend Payment &
other Distributions
MA31 / TA106
D's discretion to make further rules
MA16 / TA88
D's Expense
MA20 / TA 83
TA = Table A The TA is the equivalent "Model Articles" of a 1985 Act Co. Unlike for 2006 Act Co. there are no TA's for every kind of company.
Buy the full version of these notes or essay plans and more in our Business Law and Practice Notes.