Section 56: Re-registration of private company as public

(1) A private company (whether limited or unlimited) may be reregistered as a public company limited by shares if—
(a) a special resolution that it should be so re-registered is passed;
(b) the conditions specified under subsection (2) are met, and
(c) an application for re-registration is delivered to the Commission in accordance with section 60, together with—
(i) the other documents required by that section, and
(ii) a statement of compliance.
(2) The conditions are—
(a) that the company has a share capital;
(b) that the requirements of section 57 are met as regards its share capital;
(c) that the requirements of section 58 are met as regards its net assets;
(d) if section 59 applies, that the requirements of that section are met; and
(e) that the company has not previously been re-registered as an unlimited company.
(3) The company shall make such changes to its name and articles, as are necessary in connection with its becoming a public company.
(4) If the company is unlimited it shall also make such changes in its articles as are necessary in connection with its becoming a company limited by shares.