25.
| (1) Subject to the provisions of section 24 and section 217, any condition contained in a company's memorandum which could lawfully have been contained in its articles may, subject to the provisions of this section, be altered by the company by special resolution: |
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| (2) The provisions of subsection (1) shall not apply where the memorandum itself prohibits, or provides for, the alteration of all or any of the said conditions and shall not authorize the variation or abrogation of the special rights of any class of members. |
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| (3) The provisions of subsections (2), (3), (4), (7) and (8) of section 7 (except paragraph (b) of subsection (2)) shall apply in relation to any alteration and to any applica tion made under this section as they apply in relation to an alteration and application made under that section. |
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| (4) The provisions of this section shall apply to a company's memorandum whether registered before or after the appointed date. |
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Sri Lanka Consolidated Acts