OpenLegislation

Section 629 Classes of sharesI1

(1)

For the purposes of the Companies Acts shares are of one class if the rights attached to them are in all respects uniform.

(2)

For this purpose the rights attached to shares are not regarded as different from those attached to other shares by reason only that they do not carry the same rights to dividends in the twelve months immediately following their allotment.

Annotations

Commencement

I1

S. 629 wholly in force at 1.10.2009; s. 629 not in force at Royal Assent see s. 1300; s. 629 in force for certain purposes at 1.10.2007 by S.I. 2007/2194, art. 2(3)(g) (with saving in art. 12); s. 629 in force for certain further purposes at 6.4.2008 by S.I. 2007/3495, art. 3(3)(f) (with savings in arts. 7, 12); s. 629 in force otherwise at 1.10.2009 by S.I. 2008/2860, art. 3(k) (with arts. 5, 7, 8, Sch. 2) (as amended by S.I. 2009/1802, art. 18)

Notes on Part 17

Modifications

C1

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C2

Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2