# Companies Act 2006, Section 567: Exclusion of requirements by private companies


(1) All or any of the requirements of—
(a) section 561 (existing shareholders' right of pre-emption), or
(b) section 562 (communication of pre-emption offers to shareholders)
may be excluded by provision contained in the articles of a private company.
(2) They may be excluded—
(a) generally in relation to the allotment by the company of equity securities, or
(b) in relation to allotments of a particular description.
(3) Any requirement or authorisation contained in the articles of a private company that is inconsistent with either of those sections is treated for the purposes of this section as a provision excluding that section.
(4) A provision to which section 568 applies (exclusion of pre-emption right: corresponding right conferred by articles) is not to be treated as inconsistent with section 561.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/567 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-567
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

