C1Part 17A company's share capital

Annotations:
Modifications etc. (not altering text)

Chapter 3Allotment of equity securities: existing shareholders' right of pre-emption

Exceptions to right of pre-emption

564Exception to pre-emption right: bonus shares

Section 561(1) (existing shareholders' right of pre-emption) does not apply in relation to the allotment of bonus shares.