Western Australian Consolidated Acts Western Australian Consolidated Acts In the case of an
unlimited company —
(1) The memorandum
shall state —
(a) the
name of the company;
(b) the
objects of the company;
(c) that
the liability of the members is unlimited;
(d) the
full names, addresses and occupations of the subscribers of the memorandum.
(2) If the company has
a share capital —
(a) the
memorandum must also state the amount of share capital with which the company
proposes to be registered, and the division thereof into shares of a fixed
amount;
(b) no
subscriber of the memorandum may take less than one share;
(c) each
subscriber shall write opposite to his name the number of shares he takes and
that he is 21 years of age or over.
(3) No person under
the age of 21 years shall subscribe to a memorandum.