C1C2Part 23Distributions
Annotations:
Modifications etc. (not altering text)
C2
Pt. 23 excluded (1.10.2011) by Postal Services Act 2011 (c. 5), ss. 8, 93, Sch. 1 para. 18(a); S.I. 2011/2329, art. 3
Chapter 3Supplementary provisions
Other matters
I1849Restriction on application of unrealised profits
A company must not apply an unrealised profit in paying up debentures or any amounts unpaid on its issued shares.
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