Point in time view as at 10/01/2015.
Companies Act 2006, Section 567 is up to date with all changes known to be in force on or before 11 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)All or any of the requirements of—
(a)section 561 (existing shareholders' right of pre-emption), or
(b)section 562 (communication of pre-emption offers to shareholders)
may be excluded by provision contained in the articles of a private company.
(2)They may be excluded—
(a)generally in relation to the allotment by the company of equity securities, or
(b)in relation to allotments of a particular description.
(3)Any requirement or authorisation contained in the articles of a private company that is inconsistent with either of those sections is treated for the purposes of this section as a provision excluding that section.
(4)A provision to which section 568 applies (exclusion of pre-emption right: corresponding right conferred by articles) is not to be treated as inconsistent with section 561.
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