Restrictions on appointment or advertisement of director.

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..... pectus issued by or on behalf of the company or as proposed director of an intended company in a prospectus issued in relation to that intended company, or in a statement in lieu of prospectus filed with the Registrar by or on behalf of a company, unless, before the registration of the articles, the publication of the prospectus, or the filing of the statement in lieu of prospectus, as the case ma .....

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..... rson has signed and filed as aforesaid an undertaking to take and pay of his qualification shares, he shall, as regards those shares, be in the same position as if he had signed the memorandum for shares of that number of value. (3) References in this section to the share qualification of a director or proposed director shall be construed as including only a share qualification required within a .....

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