61 Continuation of existing exemption: companies limited by shares

61  Continuation of existing exemption: companies limited by shares

(1)     This section applies to a private company limited by shares—

(a)     that on 25th February 1982—

(i)     was registered in Great Britain, and

(ii)     had a name that, by virtue of a licence under section 19 of the Companies Act 1948 (c 38) (or corresponding earlier legislation), did not include the word “limited” or any of the permitted alternatives, or

(b)

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