C2C1Part 17A company's share capital

Annotations:
Modifications etc. (not altering text)
C2

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

Chapter 1Shares and share capital of a company

Shares

I1540Shares

1

In the Companies Acts“share”, in relation to a company, means share in the company's share capital.

2

A company's shares may no longer be converted into stock.

3

Stock created before the commencement of this Part may be reconverted into shares in accordance with section 620.

4

In the Companies Acts—

a

references to shares include stock except where a distinction between share and stock is express or implied, and

b

references to a number of shares include an amount of stock where the context admits of the reference to shares being read as including stock.