COMPANIES ACT - 1963 (ACT 179)

    Section - 18 - Subscribing to Regulations

    (1) The Regulations of any company registered after the commencement of this Code shall be signed by one, or more subscribers in the presence of, and shall be attested by, one witness at the least.

    (2) In the case of Regulations of a company with shares the subscribers, or each subscriber if more than one, shall write opposite to his name the number of shares he takes and the cash price payable therefor, and shall take at least one share.

    (3) The Regulations shall not be chargeable to any stamp duty.