FID Trust International

SAMPLE


 

The Companies Acts 1985 & 1989

Company Limited by Guarantee and not having a Share Capital

MEMORANDUM OF ASSOCIATION OF [NAME OF COMMONHOLD ASSOCIATION]


 

  1. The name of the company (referred to in this document as "the commonhold association") is [insert name].
  2. The registered office of the commonhold association is to be situated in [England and Wales] [Wales].
  3. The object of the commonhold association is to exercise the functions of a commonhold association in relation to [specify the name of the commonhold and its location] in accordance with the commonhold community statement, as amended from time to time, and any provision made by or by virtue of Part 1 of the Commonhold and Leasehold Reform Act 2002 and the doing of all such things as are incidental or conducive to the attainment of that object.
  4. The liability of the members is limited.
  5. Without prejudice to any further liability which he may have under or arising out the commonhold community statement, every member of the commonhold association undertakes to contribute such amount as may be required, not exceeding £1, to the assets of the commonhold association if it should be wound up while he is a member or within one year after he ceases to be a member, for payment of the debts and liabilities of the commonhold association contracted before he ceases to be a member, and of the costs, charges, and expenses of winding up the commonhold association, and for the adjustment of the rights of the contributories among themselves.

We, the subscribers to this memorandum of association, wish to be formed into a company pursuant to this memorandum.

Names and Addresses of subscribers (or subscriber)

"____" _____________ 20__

Dated Witness to the above signatures: