All sections · Part V: Shares · Sub-Part VIII: Conversion of par value shares into no par value shares and vice versa
98 无面值公司的股份转换
(1) 无面值的公司可根据本节规定修改其章程，将其股份转换为有面值的股份。
(2) 第(1)款所赋予的权力--。
(a)只能通过转换以下所有内容来行使该权利
本公司的股份以面值股为单位。
(b) 只有通过公司的特别决议，如果有多于一类的已发行股份，则需要在每一类股份持有人的单独会议上通过特别决议来批准；以及
(c) 无论本公司已发行的股份是否已缴足，均可行使。
(3) 就本条规定的股份转换而言，某一类别的每一股份应转换为符合下列条件的股份
(a) 尽可能赋予持有人在转换前所享有的相同权利；并且
(b) 具有本公司特别决议中规定的面值，但不超过等于该类别的特定资本账户的贷项除以该类别的已发行股份数的金额。
(4) 公司的特别决议应根据情况对公司的章程和细则作出必要的修正。
(5) 在根据本节规定转换其股份时，本公司应
(a) 在每一类股份的法定资本进项金额相同的情况下
转换成的该类股份的总面值，并将该金额转入股本账户；以及
(b) 在超过该总面值的范围内（如有），转入该类别的股份溢价账户。
(6) 在公司的股份根据本条进行转换时，在紧接转换前未支付的任何股份金额应在要求时或到期时支付。
第六部分 - 会员 第一部分 - 会员
(2) 第(1)款所赋予的权力--。
(a)只能通过转换以下所有内容来行使该权利
本公司的股份以面值股为单位。
(b) 只有通过公司的特别决议，如果有多于一类的已发行股份，则需要在每一类股份持有人的单独会议上通过特别决议来批准；以及
(c) 无论本公司已发行的股份是否已缴足，均可行使。
(3) 就本条规定的股份转换而言，某一类别的每一股份应转换为符合下列条件的股份
(a) 尽可能赋予持有人在转换前所享有的相同权利；并且
(b) 具有本公司特别决议中规定的面值，但不超过等于该类别的特定资本账户的贷项除以该类别的已发行股份数的金额。
(4) 公司的特别决议应根据情况对公司的章程和细则作出必要的修正。
(5) 在根据本节规定转换其股份时，本公司应
(a) 在每一类股份的法定资本进项金额相同的情况下
转换成的该类股份的总面值，并将该金额转入股本账户；以及
(b) 在超过该总面值的范围内（如有），转入该类别的股份溢价账户。
(6) 在公司的股份根据本条进行转换时，在紧接转换前未支付的任何股份金额应在要求时或到期时支付。
第六部分 - 会员 第一部分 - 会员
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Conversion of shares in no par value companies
(1) A no par value company may convert its shares into par value shares by
altering its memorandum in accordance with this section.
(2) The power conferred by subsection (1) —
(a) may only be exercised by converting all of the company‘s shares
into par value shares;
(b) may only be exercised by a special resolution of the company
and, if there is more than one class of issued shares, with the
approval of a special resolution passed at a separate meeting of
the holders of each class of shares; and
(c) may be exercised whether or not the issued shares of the
company are fully paid.
(3) For the purpose of a conversion of shares under this section, each share of
a class shall be converted into a share which —
(a) confers upon the holder, as nearly as possible, the same rights as
were conferred by it before the conversion; and
(b) has a nominal value specified in the special resolution of the
company, being a value not exceeding the amount standing to the
credit of the stated capital account for that class divided by the
number of shares of that class in issue.
(4) The special resolution of the company shall make such alterations to the
memorandum and articles as may be requisite in the circumstances.
(5) Upon converting its shares under this section, the company —
(a) shall, to the extent that the amount standing to the credit of the
stated capital account for each class of shares equals the total
nominal amount of the shares of the class into which those shares
are converted, transfer the amount to the share capital account; and
(b) shall, to the extent (if any) that the amount exceeds that total
nominal amount, transfer it to the share premium account for that
class.
(6) On the conversion of a company‘s shares under this section, any amount
which is unpaid on any share immediately before the conversion remains
payable when called or due.
altering its memorandum in accordance with this section.
(2) The power conferred by subsection (1) —
(a) may only be exercised by converting all of the company‘s shares
into par value shares;
(b) may only be exercised by a special resolution of the company
and, if there is more than one class of issued shares, with the
approval of a special resolution passed at a separate meeting of
the holders of each class of shares; and
(c) may be exercised whether or not the issued shares of the
company are fully paid.
(3) For the purpose of a conversion of shares under this section, each share of
a class shall be converted into a share which —
(a) confers upon the holder, as nearly as possible, the same rights as
were conferred by it before the conversion; and
(b) has a nominal value specified in the special resolution of the
company, being a value not exceeding the amount standing to the
credit of the stated capital account for that class divided by the
number of shares of that class in issue.
(4) The special resolution of the company shall make such alterations to the
memorandum and articles as may be requisite in the circumstances.
(5) Upon converting its shares under this section, the company —
(a) shall, to the extent that the amount standing to the credit of the
stated capital account for each class of shares equals the total
nominal amount of the shares of the class into which those shares
are converted, transfer the amount to the share capital account; and
(b) shall, to the extent (if any) that the amount exceeds that total
nominal amount, transfer it to the share premium account for that
class.
(6) On the conversion of a company‘s shares under this section, any amount
which is unpaid on any share immediately before the conversion remains
payable when called or due.
