(1) A public company may be re-registered as a private limited company if—
(a) a special resolution that it should be so re-registered is passed,
(b) the conditions specified below are met, and
(c) an application for re-registration is delivered to the registrar in accordance with section 100, together with—
(i) the other documents required by that section, and
(ii) a statement of compliance.
(2) The conditions are that—
(a) where no application under section 98 for cancellation of the resolution has been made—
(i) having regard to the number of members who consented to or voted in favour of the resolution,
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