# Companies Clauses Consolidation Act 1845, Section 60: If not at a premium, to be issued as company think fit.


If at the time of such augmentation of capital taking place the existing shares be not at a premium, then such new shares may be of such amount, and may be issued in such manner and on such terms, as the company shall think fit.

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Source: https://www.legislation.gov.uk/ukpga/Vict/8-9/16/section/60 (the official version)
Page: https://openlegislation.uk/companies-clauses-consolidation-act-1845/section-60
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.