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"speaker_name": "Hon. Mbui",
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"legal_name": "Robert Mbui",
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"content": "In order to operate, all companies require a constitution. This Bill has clauses that deal with that. They insist that every business must have articles of association. The regulations that will be made under this Bill are going to prescribe model articles of association. There will be different model articles of association for different companies. In the past we have had almost the same memorandum of association used by almost all companies. It is cut and paste that legal officers do. So you find that if you are in manufacturing, service, retail, transport and education basically the memorandum and articles of association are the same. I appreciate that with this The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}