No interest on distributionsU.K.
This section has no associated Explanatory Memorandum
32. The company may not pay interest on any dividend or other sum payable in respect of a share unless otherwise provided by—
(a)the terms on which the share was issued, or
(b)the provisions of another agreement between the holder of that share and the company.
Commencement Information
I1Sch. 1 art. 32 in force at 1.10.2009, see reg. 1