Western Australian Consolidated Acts (1) There may, in the
case of a company limited by shares, and there shall, in the case of an
unlimited company, be registered with the memorandum articles of association
signed by the subscribers to the memorandum and prescribing regulations for
the company.
(2) In the case of a
company limited by shares, not being a no liability company, the articles
may adopt all or any of the regulations in Table A in the Second Schedule.
(3) In the case of a
no liability company the articles may adopt all or any of the regulations
in Table B in the Second Schedule.
(4) In the case of an
unlimited company the articles, if the company has a share capital, must state
the amount of share capital with which the company proposes to be registered.
(5) In the case of an
unlimited company, if the company has not a share capital, the articles must
state the number of members with which the company proposes to be registered
for the purpose of enabling the Registrar to determine the fees payable on
registration.
(6)(a) Where a
company, not having a share capital has increased the number of its members
beyond the registered number, it shall, within 28 days after the increase
was resolved on or took place, give to the Registrar notice of the increase
and the Registrar shall record the increase.
(b) If
default is made in complying with this subsection the company and every
officer of the company who is in default shall be liable to a penalty not
exceeding $20 for every day during which the company or the officer aforesaid
is in default.
[Section 19 amended by No. 113 of 1965
s. 8(1).]