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Chapter 10

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27. See, for example, the memorandum of association of BHP Billiton Plc which contains in its objects clause a reference to its sister company BHP Billiton Limited (an Australian company). The objects of the company include, amongst others, the power to 'do all such things as in the opinion of the Directors are necessary or desirable for the furtherance of this object or for the furtherance, maintenance or development of the relationship with [BHP Billiton Limited] constituted by or arising out of any agreement or arrangement mentioned in or made in accordance with this sub-clause' (www.bhpbilliton.com/bbContentRepository/docs/AboutUs/PlcMemorandum.pdf, para 4.1.3).

43. DTI, Companies Act 2006—Duties of Company Directors, Ministerial Statements (2007) (www.berr.gov.uk/files/file40139.pdf).

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