S. 540 wholly in force at 1.10.2009; s. 540 not in force at Royal Assent see s. 1300; s. 540(1)(4) in force for certain purposes at 1.10.2007 by S.I. 2007/2194, art. 2(3)(c) (with saving in art. 12); s. 540(1)(4) in force for certain further purposes at 6.4.2008 by S.I. 2007/3495, art. 3(3)(b) (with savings in arts. 7, 12); s. 540 otherwise in force at 1.10.2009 by S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2) (as amended by S.I. 2009/1802, art. 18)

http://www.legislation.gov.uk/ukpga/2006/46/section/540Companies Act 2006 An Act to reform company law and restate the greater part of the enactments relating to companies; to make other provision relating to companies and other forms of business organisation; to make provision about directors' disqualification, business names, auditors and actuaries; to amend Part 9 of the Enterprise Act 2002; and for connected purposes.texttext/xmlenStatute Law Database2024-11-04Expert Participation2024-11-01Part 17A company's share capitalChapter 1Shares and share capital of a companyShares
540Shares(1)

In the Companies Acts“share”, in relation to a company, means share in the company's share capital.

(2)

A company's shares may no longer be converted into stock.

(3)

Stock created before the commencement of this Part may be reconverted into shares in accordance with section 620.

(4)

In the Companies Acts—

(a)

references to shares include stock except where a distinction between share and stock is express or implied, and

(b)

references to a number of shares include an amount of stock where the context admits of the reference to shares being read as including stock.

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<b>Part 17</b>
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<i>Shares</i>
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In the Companies Acts“
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