Alteration of memorandum by company pursuant to repeal and re-enactment of sections 10 and 14 of Residential Property Act
34.—(1)  Where the memorandum of a company contains any of the provisions referred to in section 10(1) of the Residential Property Act (Cap. 274) in force immediately before 31st March 2006, the company may, be special resolution, amend its memorandum to remove that provision.
[9/2006]
(2)  Where the memorandum of a company contains a provision to the effect that its memorandum or articles of association shall not be altered to remove any of the provisions referred to in section 10(1) of the Residential Property Act in force immediately before 31st March 2006 except in accordance with the requirements of that Act —
(a)that provision shall cease to have effect as from that date; and
(b)the company may, by special resolution, amend its memorandum to remove that provision.
[9/2006]