Nominal valueU.K.
This
adran has no associated
Memorandwm Esboniadol
100.—(1) A share issued on behalf of a part of a protected cell company must have a fixed nominal value.
(2) An allotment of a share that does not have a fixed nominal value is void.
(3) Shares issued on behalf of a part of a protected cell company may be denominated in any currency and different classes of shares may be denominated in different currencies.