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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 June 2016 - onwards
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627. Notice to registrar of reduction of capital in connection with redenomination

(1) A company that passes a resolution under section 626 (reduction of capital in connection with redenomination) must within 15 days after the resolution is passed give notice to the registrar stating -

(a) the date of the resolution, and

(b) the date of the resolution under section 622 in connection with which it was passed.

This is in addition to the copies of the resolutions themselves that are required to be delivered to the registrar under Chapter 3 of Part 3.

(2) The notice must be accompanied by a statement of capital.

(3) The statement of capital must state with respect to the company's share capital as reduced by the resolution -

(a) the total number of shares of the company,

(b) the aggregate nominal value of those shares,

(ba) the aggregate amount (if any) unpaid on those shares (whether on account of their nominal value or by way of premium), and

(c) for each class of shares -

(i) prescribed particulars of the rights attached to the shares,

(ii) the total number of shares

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