Chapter 5 Payment for shares (ss. 580-592) | Companies Act 2006 (c. 46) | Better Regulation

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Comparing proposed amendment...


	General rules (ss. 580-583)
In force	580. Shares not to be allotted at a discount
In force	581. Provision for different amounts to be paid on shares
In force	582. General rule as to means of payment
In force	583. Meaning of payment in cash
	Additional rules for public companies (ss. 584-587)
In force	584. Public companies: shares taken by subscribers of memorandum
In force	585. Public companies: must not accept undertaking to do work or perform services
In force	586. Public companies: shares must be at least one-quarter paid up
In force	587. Public companies: payment by long-term undertaking
	Supplementary provisions (ss. 588-592)
Partly in force	588. Liability of subsequent holders of shares
In force	589. Power of court to grant relief
In force	590. Penalty for contravention of this Chapter
In force	591. Enforceability of undertakings to do work etc
In force	592. The appropriate rate of interest

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