223.—(1) Section 32 of that Act (memorandum and articles of community interest companies) is amended as follows.
(2) In the section heading, for “Memorandum and articles” substitute “Articles of association”.
(3) In subsection (1), for “memorandum” substitute “articles”.
(4) Omit subsection (2).
(5) In subsection (3), for “memorandum and articles” in both places where it occurs substitute “articles”.
(6) In subsection (4), for “memorandum or articles” substitute “articles”.
(7) In subsection (5)—
(a)in the opening words, for “memorandum and articles” substitute “articles”;
(b)in paragraph (a), for “memorandum or articles” substitute “articles”.
(8) In subsection (6), for “under section 4 of the 1985 Act or Article 15 of the 1986 Order to alter its memorandum with respect to the statement of its objects” substitute “to amend its articles so as to add, remove or alter a statement of the company’s objects”.