高顿网校小编为您解答:Our corporate practice was registered before the new Companies Ordinance (Cap. 622) ("CO") came into operation on 3 March 2014 and has adopted the Institute's Model Memorandum & Articles of Association ("M&A") for corporate practices.  Do we need to amend our M&A to conform to the new CO?
 
  Ans:The Institute has issued a Model Articles of Association ("AA") for corporate practices that conforms to the new CO.  The Model AA is applicable to corporate practices which are incorporated on or after 3 March 2014.  For corporate practices incorporated before 3 March 2014, the Institute does not require them to adopt the Model AA since the new CO contains deeming provisions such that their existing M&A should continue to be effective.
 
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