Corporate Legislation Source is UK Common Law 1929 Act as modified, introduced locally as "The Companies Ordinance as amended"

Ordinance 2 and 3 of 2001.

An ordinance for the incorporation, management and winding up of trading and other associations

Enactment 28 November 1930

Commencement 1 December 1930

1 Short title

This Ordinance may be cited as the Companies Ordinance.

335

2 Interpretation

(1) In this Ordinance, unless the context otherwise requires,—

“annual return” means the return required to be made, in the case of a company having a share capital, under section 100, and, in the case of a company not having a share capital, under section 101;

“articles”  means the articles of association of a company, as originally framed or as altered by special resolution, including, so far as they apply to the company, the regulations contained in Table A in Schedule 1 and the provisions of any other Table of that Schedule.

“authorized signatories” means—

(a) the persons authorized by the company to sign, singly or jointly as resolved by the company from time to time, on behalf of, and thereby to bind the company, to the extent so resolved, or

(b) two directors or a director and the secretary of the company signing jointly;

“book and paper” and “book or paper” include accounts, deeds, writings and documents;

“company” means a company formed and registered, or in case of a company formed outside Gibraltar, registered under this Ordinance;

“the court”, used in relation to a company, means the Supreme Court, and “Registrar of the Court” means Registrar of the Supreme Court;

“debenture” includes debenture stock, bonds and any other securities of a company whether constituting a charge on the assets of the company or not;

“director” includes any person occupying the position of director by whatever name called;

”document” includes summons, notice, order and other legal process and registers;

“memorandum” means the memorandum of association of a company, as originally framed or as altered in pursuance of any enactment, or so far as it applies the relevant Table in Schedule 1;

“prospectus” means any prospectus, notice, circular, advertisement or other invitation, offering to the public for subscription or purchase any shares or debentures of a company;

“the Registrar” means the Registrar of Companies appointed under section 278 and, subject to the provisions of that section, includes an Assistant Registrar of Companies;

“share” means share in the share capital of a company, and includes stock except where a distinction between stock and shares is expressed or implied;

“Table A” means Table A in Schedule 1.

(2) A person shall not be deemed to be within the meaning of any provision in this Ordinance a person in accordance with whose directions or instructions the directors of a company are accustomed to act, by reason only that the directors of the company act  on advice given by him in a professional capacity.