‹ 4. Model articles for public companies PART 1 INTERPRETATION AND LIMITATION OF LIABILITY › SCHEDULE 1 MODEL ARTICLES FOR PRIVATE COMPANIES LIMITED BY SHARES PART 1 INTERPRETATION AND LIMITATION OF LIABILITY 1. Defined terms 2. Liability of members PART 2 DIRECTORS DIRECTORS' POWERS AND RESPONSIBILITIES DECISION-MAKING BY DIRECTORS APPOINTMENT OF DIRECTORS PART 3 SHARES AND DISTRIBUTIONS SHARES DIVIDENDS AND OTHER DISTRIBUTIONS CAPITALISATION OF PROFITS PART 4 DECISION-MAKING BY SHAREHOLDERS ORGANISATION OF GENERAL MEETINGS VOTING AT GENERAL MEETINGS PART 5 ADMINISTRATIVE ARRANGEMENTS 48. Means of communication to be used 49. Company seals 50. No right to inspect accounts and other records 51. Provision for employees on cessation of business DIRECTORS' INDEMNITY AND INSURANCE ‹ 4. Model articles for public companies PART 1 INTERPRETATION AND LIMITATION OF LIABILITY ›