A person is a member of a company if they:
- (a)
- are a member of the company
on its registration; or
- (b)
- agree to become a member of the company after its registration and their
name is entered on the register of members; or
- (c)
- become a member of the company under section 167 (membership arising
from conversion of a company from one limited by guarantee to one limited by
shares).