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    <title>Application of Act to companies formed and registered under previous companies laws.</title>
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    <description>Existing companies are to be treated as if formed under the current Act according to their type: limited companies (other than guarantee companies) as companies limited by shares, companies limited by guarantee as companies limited by guarantee, and non limited companies as unlimited companies. Table A in Schedule I does not apply to companies formed under certain early enactments, and references to the date of registration shall be construed as the date of registration under the prior companies law.</description>
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      <description>Existing companies are to be treated as if formed under the current Act according to their type: limited companies (other than guarantee companies) as companies limited by shares, companies limited by guarantee as companies limited by guarantee, and non limited companies as unlimited companies. Table A in Schedule I does not apply to companies formed under certain early enactments, and references to the date of registration shall be construed as the date of registration under the prior companies law.</description>
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