(1) A limited company may be re-registered as an unlimited company if, in addition to compliance by the company with the relevant Chapter 2 requirements, all the members of it have assented to its being so re-registered and the following requirements are complied with -
(a) the company delivers to the Registrar -
(i) the prescribed form of assent to the company's being re-registered as an unlimited company subscribed to by, or on behalf of, all members of the company, and
(ii) subject to subsection (2), the financial statements specified in subsection (3) and the report specified in subsection (6),
and
(b) the statement of compliance includes confirmation by a director or secretary of the company that -
(i) the persons by whom, or on whose behalf, the form of assent referred to in paragraph (a) is subscribed constitute the whole membership of the company, and
(ii) if any of the members have not, themselves, subscribed that form, that the directors have taken all reasonable steps to sat
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