C1Part 17A company's share capital
Annotations:
Modifications etc. (not altering text)
Chapter 3Allotment of equity securities: existing shareholders' right of pre-emption
Supplementary
577Provisions about pre-emption not applicable to shares taken on formation
The provisions of this Chapter have no application in relation to the taking of shares by the subscribers to the memorandum on the formation of the company.
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