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Companies Act 2006

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Changes over time for: Section 650

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Point in time view as at 06/04/2018.

Changes to legislation:

Companies Act 2006, Section 650 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. Help about Changes to Legislation

650Public company reducing capital below authorised minimumU.K.
This section has no associated Explanatory Notes

(1)This section applies where the court makes an order confirming a reduction of a public company's capital that has the effect of bringing the nominal value of its allotted share capital below the authorised minimum.

(2)The registrar must not register the order unless either—

(a)the court so directs, or

(b)the company is first re-registered as a private company.

(3)Section 651 provides an expedited procedure for re-registration in these circumstances.

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