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Companies Act 1985
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Changes over time for: Section 91
Version Superseded: 01/10/2009
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- 01/02/1991- Amendment
- 01/12/2003
Point in time - 01/10/2009- Amendment
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91 Exclusion of ss. 89, 90 by private company.E+W+S
(1)Section 89(1), section 90(1) to (5) or section 90(6) may, as applying to allotments by a private company of equity securities or to such allotments of a particular description, be excluded by a provision contained in the memorandum or articles of that company.
(2)A requirement or authority contained in the memorandum or articles of a private company, if it is inconsistent with any of those subsections, has effect as a provision excluding that subsection; but a provision to which section 89(3) applies is not to be treated as inconsistent with section 89(1).
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