Companies Act 2014
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CHAPTER 2 Incorporation and registration | ||
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Way of forming an investment company | ||
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1390. (1) An investment company may be formed for any lawful purpose by any person or persons subscribing to a constitution and complying with the relevant provisions of— | ||
(b) this Part; | ||
in relation to registration of an investment company. | ||
(2) Without prejudice to the means by which an investment company may be formed under the relevant provisions referred to in subsection (1), a company may be registered as an investment company by means of— | ||
(a) the re-registration, or registration, as an investment company of a body corporate pursuant to Part 20 or 22 ; | ||
(b) the merger of 2 or more bodies corporate pursuant to Chapter 16 of Part 17 ; | ||
(c) the division of a body corporate pursuant to Chapter 17 of Part 17 ; | ||
(d) the continuance, as an investment company, pursuant to Chapter 9, of a legal entity de-registering as a company in another jurisdiction; or | ||
(e) the merger operation provided for by the European Communities (Cross-Border Mergers) Regulations 2008 ( S.I. No. 157 of 2008 ). | ||
(3) The liability of a member of an investment company at any time shall be limited to the amount, if any, unpaid on the shares registered in the member's name at that time. | ||
(4) Subsection (3) is without prejudice to any other liability to which a member may be subject as provided by this Act. |