{
  "url": "https://openlegislation.uk/companies-act-1948/section-59",
  "json_url": "https://openlegislation.uk/companies-act-1948/section-59.json",
  "legislation": "ukpga/Geo6/11-12/38",
  "legislation_title": "Companies Act 1948",
  "legislation_url": "https://openlegislation.uk/companies-act-1948",
  "path": "section/59",
  "kind": "section",
  "number": "59",
  "heading": "Power of company to arrange for different amounts being paid on shares.",
  "text": "A company, if so authorised by its articles, may do any one or more of the following things—\n(a) make arrangements on the issue of shares for a difference between the shareholders in the amounts and times of payment of calls on their shares;\n(b) accept from any member the whole or a part of the amount remaining unpaid on any shares held by him, although no part of that amount has been called up;\n(c) pay dividend in proportion to the amount paid up on each share where a larger amount is paid up on some shares than on others.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/Geo6/11-12/38/section/59",
    "retrieved_at": "2026-10-29T11:23:04.638870+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}