A clause in a memorandum of association specifying the objects for which the company was established.
〔律〕目标条款，宗旨条款
Example sentencesExamples
The objects clause also explains that the idea behind the bill is to allow the Government to get smarter about whom it selects as residents.
It was submitted that a repayment to the employer could not be consistent with the main objects clause.
Under the 1981 Act, the Minister of Finance can regulate the business activities of all Bermuda companies, both exempted and local, by controlling the objects clauses available to them.
In practice, most companies will adopt widely drawn objects clauses, giving the company capacity to do all the things it anticipates doing and many things it does not.
The objects clause to the new part VII of this bill gives recognition to certain rights by specifying a number of such rights that should be observed in any agreements or decisions concerning children.