S.L. 386.13 Art. 14Companysecretary and single member incorporated cells.

(1) Notwithstanding anything contained in the definition of company secretary in article 2 and in article 138(3) of the Act, the company secretary of an incorporated cell company and of an incorporated cell may be a body corporate.

(2) Notwithstanding the provisions of the Act, an incorporated cell may have its incorporated cell company as its only member and the provisions of articles 212 and 214(2)(b)(i) shall not apply in relation thereto in such case.