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Nor is there any reason why the Articles of the Company should depart from the pattern of other major companies.
The House of Lords held that the power to pay remuneration under the articles of the company should be strictly followed.
This was so despite a provision in the Articles of the company defining "the board" as including "any committee authorised by the board to act on its behalf".
The Model Articles will apply to a limited company if it does not register its own articles or, if it does register them, they will apply to the extent that they are not modified by the Articles of the company.