(1) On the commencement of this Act, the Minister -
(a) is to be taken to be entered in the register of members of Anglo Irish Bank as the holder of the transferred shares, and
(b) becomes a member of Anglo Irish Bank.
(2) On the commencement of this Act -
(a) Anglo Irish Bank becomes a private company limited by shares, under the name of "Anglo Irish Bank Corporation Limited",
(b) its memorandum is to be taken to have been amended to reflect its status as a private company limited by shares,
(c) its objects clause is to be taken to provide for, as objects, the doing of anything required by or authorised by this Act, and acting in support of, connection with and furtherance of the purposes of this Act,
(d) its articles are to be taken to have been amended to comply with section 33 of the Companies Act 1963 and are to be construed accordingly, and
(e) the registrar of companies shall issue to it a certificate of incorporation appropriate to a private company limited by shares.
(3) A sha
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