11.—(1) The name of the Company shall be Cólucht Groighe Náisiúnta na hEireann, Teoranta (The Irish National Stud Company, Limited.)
(2) The share capital of the Company shall be two hundred and fifty thousand pounds divided into shares of one pound each, and notwithstanding anything contained in the Companies Acts, it shall not be lawful for the Company to increase or reduce that capital.
