Change of registration: conversion between unlimited and limited status leaves prior debts enforceable and treats registration as original. Section 32 permits an unlimited company to register as a limited company and allows re registration of an existing limited company; the Registrar must close the former registration and may dispense with refiling prior incorporation documents, but otherwise the new registration has the same effect as an original registration. Conversion does not affect any debts, liabilities, obligations or contracts incurred before registration, which remain enforceable by the statutory enforcement mechanisms applicable to companies registered under the Act.