# Companies Act 1948, Section 42: Restriction on alteration of terms mentioned in prospectus or statement in lieu of prospectus.


(1) A company limited by shares or a company limited by guarantee and having a share capital shall not previously to the statutory meeting vary the terms of a contract referred to in the prospectus, or statement in lieu of prospectus, except subject to the approval of the statutory meeting.
(2) This section shall not apply to a private company.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/11-12/38/section/42 (the official version)
Page: https://openlegislation.uk/companies-act-1948/section-42
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

