12Company taken to be registered under Companies Act

12 Company taken to be registered under Companies Act

(1) The National Companies and Securities Commission is taken: (a) to have been required to grant the application mentioned in paragraph 10(1)(a) and to register the Company as a company under subsection 86(2) of the Companies Act 1981; and (b) to have granted the application at the commencement of this Part; and (c) to have so registered the Company, at the commencement of this Part: (i) by the name “Commonwealth Funds Management Limited”; and (ii) in accordance with subsections 86(3) and (4) of the Companies Act 1981, as a public company, and as a company limited by shares, within the meaning of that Act; and (d) to have registered the name “Commonwealth Funds Management Limited” in relation to the Company at the commencement of this Part, under subsection 55(4) of the Companies Act 1981. (2) The date of commencement of the Company’s registration as a company under Division 4 of Part III of the Companies Act 1981 is taken to be the day of commencement of this Part. (3) For the purposes of Division 4 of Part III of the Companies Act 1981, the Company is taken to have been on the day before the commencement of this Part, and to be at that commencement, a corporation within the meaning of that Act.