1. The memorandum and articles of association of every amalgamated company shall be subject to the approval of the Minister for Finance after consultation by him with the Minister.
2. The memorandum of association of every amalgamated company shall provide -
(a) that the registered office of such company shall be situate in the county borough of Dublin;
(b) that the principal objects of such company shall include the carrying on of life assurance business or the carryon of industrial assurance business or the carrying on of both such businesses, but not the carrying on of any other class of assurance business;
(c) that the liability of the members of such company shall be limited.
3. The articles of association of every amalgamated company shall specify the number of directors (including the chairman) of such company and the number so specified shall not be less than five and shall not be more than seven.
4. The articles of association of every amalgamated company shall