28. Statement of company's objects

(1) Unless a company's articles specifically restrict the objects of the company, its objects are unrestricted.
(2) Where a company amends its articles so as to add, remove or alter a statement of the company's objects—
(a) it must give notice to the Registrar,
(b) on receipt of the notice, the Registrar shall register it, and
(c) the amendment is not effective until entry of that notice on the register.
(3) Any such amendment does not affect any rights or obligations of the company or render defective any legal proceedings by or against it.