ARTICLE
5 October 2008

New Companies Law - Memorandum Or Articles Of Incorporation – Provisions Which Can Be Displaced Or Supplemented

O
Ogier

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Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services. We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.
This memorandum has been prepared for the assistance of our clients in connection with the provisions in the Companies (Guernsey) Law, 2008 (as amended) (the “Companies Law”) which may be displaced by contrary provisions in a company’s memorandum or articles of incorporation.
Guernsey Wealth Management

This memorandum has been prepared for the assistance of our clients in connection with the provisions in the Companies (Guernsey) Law, 2008 (as amended) (the "Companies Law") which may be displaced by contrary provisions in a company's memorandum or articles of incorporation. It is intended to provide only a summary of the main legal and general principles and it is not intended to be comprehensive in scope. It is strongly recommended that you seek specific legal advice on such matters and we would be pleased to assist in this respect. A series of briefings on other specific aspects of Guernsey companies has been produced by Ogier and is available on our website www.ogier.com. Transitional provisions have also been made (a separate briefing addresses the operation of these). This memorandum has been prepared on the basis of the law and practice in Guernsey as at 10 September 2008.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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