Section 7Part 0 —
Deeming provision
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The Company shall notwithstanding its registration as an exempted company pursuant to the Companies Law be deemed for all purposes to have been incorporated and established by this Law on 14th June, 1984 and as if the provisions of the Companies Law so far as they relate to exempted companies had been expressly set forth herein and made part hereof save and except as amended hereby and no amendment, repeal or variation of the Companies Law shall apply to the Company unless any such amendment, repeal or variation shall be expressly stated so to apply.