17. Power Of Board To Prescribe Model Articles

(1) The Board may make rules prescribing model articles of association for companies.
(2) Different model articles may be prescribed for different descriptions of company.
(3) A company may adopt all or any of the provisions of model articles.
(4) Any amendment of model articles by rules made under this section does not affect a company registered before the amendment takes effect.
“Amendment” here includes addition, alteration or repeal.