Adoption of model constitution
37.—(1)  A specified company may adopt as its constitution the whole or any part of the model constitution prescribed under section 36(1) for the type of company to which it belongs.
(2)  A specified company may in its constitution adopt the whole model constitution for the type of company to which it belongs by reference to the title of the model constitution.
(3)  Where a specified company adopts the whole model constitution for the type of company to which it belongs, the specified company may choose —
(a)to adopt the model constitution as in force at the time of adoption; or
(b)to adopt the model constitution as may be in force from time to time, in which case the model constitution for the type of company to which the specified company belongs that is for the time being in force shall, so far as applicable, be the constitution for that specified company.
(4)  A copy of the constitution of a specified company shall be submitted to the Registrar, in accordance with section 19(1), where the specified company —
(a)adopts only part of the model constitution for the type of company to which it belongs;
(b)includes provisions additional to those in the model constitution; or
(c)includes object clauses as part of its constitution.
[Act 36 of 2014 wef 03/01/2016]