Companies Act, 1963

Vesting of property on registration.

337.—(1) All property, real and personal (including things in action) belonging to or vested in a company at the date of its registration in pursuance of this Part, shall on registration pass to and vest in the company as incorporated under this Act for all the estate and interest of the company therein.

(2) Section 12 of the Finance Act, 1895, shall not operate so as to require a company which registers under this Part to deliver to the Revenue Commissioners any document in connection with a vesting under subsection (1).