C1Part 3A company's constitution
Annotations:
Modifications etc. (not altering text)
Chapter 2Articles of association
Alteration of articles
25Effect of alteration of articles on company's members
1
A member of a company is not bound by an alteration to its articles after the date on which he became a member, if and so far as the alteration—
a
requires him to take or subscribe for more shares than the number held by him at the date on which the alteration is made, or
b
in any way increases his liability as at that date to contribute to the company's share capital or otherwise to pay money to the company.
2
Subsection (1) does not apply in a case where the member agrees in writing, either before or after the alteration is made, to be bound by the alteration.
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2