The newly formed company assumed 'Teoranta' meaning 'Limited' in Gaelic into its name and is now known as O.N.E.T. The newly formed company adopted a Memorandum of Association and Articles of Association (M&As) which govern how the company interacts with people, government agencies, etc. as well as setting out regulations governing the relationships between the shareholders and directors of the company. The company has no share capital but has limited liability. ONET's 'Handbook of Rules', which sets out membership criteria etc. remains intact but is subservient to the M&As.