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COMPANIES ACT OF BARBADOS
COMPANY LIMITED BY SHARES
ARTICLES OF CONTINUANCE
Form 17
INSTRUCTIONS
Format:
Documents required to be sent to the Registrar pursuant
to the Act must conform with regulations 31 to 35 of the
Regulations under the Act. Where any provision required
to be set out is too long to be set out in the space
provided in the
form, the form may incorporate the provisions by
annexing a schedule in the manner described in
regulations 35 of the Regulations.
Item 1:
Set out the full legal name of the company.
Item 3:
Set out the details required by sections 5(1) (b) of
Act. All shares must be without nominal or par value and
must comply with Division C Part I of the Act. Par value
shares issued by a company before continuance are deemed
to be shares without nominal or par value (subsection
26(3)).
Item 4:
If restrictions are to be placed on the right to
transfer shares of the company, set out a statement to
this effect and the nature of such restrictions.
Item 5:
State the number of directors. If cumulative voting is
permitted, the number of directors must be invariable,
otherwise it is permissible to specify a minimum and
maximum number of directors.
Item 6:
If restrictions are to be placed on the business the
company may carry on, set out the restrictions.
Item 9:
Any provisions that it to form part of the Articles may
be set out if the provision is permitted by the Act or
regulations to be set out in the bylaws of the company
or in a unanimous shareholder agreement, including any
pre-emptive rights or cumulative voting provisions.
Signatures:
A director or authorized officer of the company shall
sign the Articles.
Other Documents
The Articles must be accompanied by Notice of Registered
Office (Form 4) and Notice of Directors (Form 9).
Completed documents, in duplicate and the prescribed fee
are to be deposited at the office of the Registrar.
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