691Meaning of “amount of capital”U.K.
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(1)This section applies for the purposes of sections 688 to 690.
(2)The amount of the capital of a company is the sum of—
(a)the amount of the paid up share capital of the company,
(b)the amount outstanding of any debts incurred by the company which are within section 453(2), and
(c)the amount outstanding of any redeemable loan capital issued by the company.
(3)For the purposes of subsection (2)—
(a)the amount of the paid up share capital includes any amount in the share premium account of the company, and
(b)the amount outstanding of any debts includes the amount of any interest due on the debts.
(4)Amounts of capital are to be expressed in sterling.
(5)In this section “” has the same meaning as in section 610 of the Companies Act 2006.