C1Part 17A company's share capital
Chapter 8Alteration of share capital
Redenomination of share capital
I1625Notice to registrar of redenomination
1
If a limited company having a share capital redenominates any of its share capital, it must within one month after doing so give notice to the registrar, specifying the shares redenominated.
2
The notice must—
a
state the date on which the resolution was passed, and
b
be accompanied by a statement of capital.
3
The statement of capital must state with respect to the company's share capital as redenominated by the resolution—
a
the total number of shares of the company,
b
the aggregate nominal value of those shares,
c
for each class of shares—
i
prescribed particulars of the rights attached to the shares,
ii
the total number of shares of that class, and
iii
the aggregate nominal value of shares of that class, and
d
the amount paid up and the amount (if any) unpaid on each share (whether on account of the nominal value of the share or by way of premium).
4
If default is made in complying with this section, an offence is committed by—
a
the company, and
b
every officer of the company who is in default.
5
A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.
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