Point in time view as at 06/04/2018.
Companies Act 2006, Section 582 is up to date with all changes known to be in force on or before 02 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)Shares allotted by a company, and any premium on them, may be paid up in money or money's worth (including goodwill and know-how).
(2)This section does not prevent a company—
(a)from allotting bonus shares to its members, or
(b)from paying up, with sums available for the purpose, any amounts for the time being unpaid on any of its shares (whether on account of the nominal value of the shares or by way of premium).
(3)This section has effect subject to the following provisions of this Chapter (additional rules for public companies).
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