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Companies Act 1985

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Changes over time for: Paragraph 51

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Version Superseded: 06/04/2008

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Point in time view as at 02/12/1991. This version of this provision has been superseded. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Companies Act 1985, Paragraph 51. Help about Changes to Legislation

Share capital and debenturesE+W+S

51(1)The following information shall be given with respect to the company’s share capital:

(a)the authorised share capital; and

(b)where shares of more than one class have been allotted, the number and aggregate nominal value of shares of each class allotted.

(2)In the case of any part of the allotted share capital that consists of redeemable shares, the following information shall be given:

(a)the earliest and latest dates on which the company has power to redeem those shares;

(b)whether those shares must be redeemed in any event or are liable to be redeemed at the option of the company or of the shareholder; and

(c)whether any (and, if so, what) premium is payable on redemption.

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