C1Part 3A company's constitution

Annotations:
Modifications etc. (not altering text)

Chapter 4Miscellaneous and supplementary provisions

Supplementary provisions

37Right to participate in profits otherwise than as member void

In the case of a company limited by guarantee and not having a share capital any provision in the company's articles, or in any resolution of the company, purporting to give a person a right to participate in the divisible profits of the company otherwise than as a member is void.