All sections · Part V: Shares · Sub-Part I: General
46 Par value and no par value shares
(1) Subject to the memorandum and articles of a company and subsection (2),
a share may be issued as a par value share or a no par value share.
(2) A company shall not have a share capital consisting of shares which
include par value shares and no par value shares.
(3) Subject to the memorandum and articles of a company, a par value share
may be issued in any currency.
a share may be issued as a par value share or a no par value share.
(2) A company shall not have a share capital consisting of shares which
include par value shares and no par value shares.
(3) Subject to the memorandum and articles of a company, a par value share
may be issued in any currency.
