Section 99 — Special resolution of limited company making liability of directors unlimited

A limited company, if so authorised by its articles, may, by
special resolution, alter its memorandum so as to render unlimited the liability of
its directors or of any director:

Provided that an alteration of the memorandum making the liability of any
of the directors unlimited shall not apply, without his consent, to a director who was
holding the office from before the date of the alteration, until the expiry of the term
for which he was holding office on that date.
PART VI
REGISTRATION OF MORTGAGES, CHARGES, ETC.