Small Business, Enterprise and Employment Act 2015

Statements of capital etc

97Contents of statements of capital

Schedule 6 amends the Companies Act 2006 to alter the content of statements of capital required under various provisions of that Act.

98Public companies: information about aggregate amount paid up on shares

(1)The Companies Act 2006 is amended as follows.

(2)In section 94 (application for re-registration as a public company), in subsection (2)—

(a)omit the “and” at the end of paragraph (c), and

(b)after paragraph (d) insert ; and

(e)a statement of the aggregate amount paid up on the shares of the company on account of their nominal value.

(3)In section 762 (procedure for a public company to obtain a trading certificate), in subsection (1)—

(a)omit the “and” at the end of paragraph (c), and

(b)after paragraph (d), insert , and

(e)be accompanied by a statement of the aggregate amount paid up on the shares of the company on account of their nominal value.

(4)In section 1078 (documents subject to Directive disclosure requirements)—

(a)in subsection (3), under the heading “Share capital”, after the entry numbered 11 insert—

“12

Any statement delivered under section 762(1)(e) (statement of the aggregate amount paid up on shares on account of their nominal value)., and

(b)after subsection (3) insert—

(3A)In the case of a private company which applies to re-register as a public company, the statement delivered under section 94(2)(e) (statement of the aggregate amount paid up on shares on account of their nominal value).