# Companies (Consolidation) Act 1908, Paragraph 95


The company in general meeting may declare dividends, but no dividend shall exceed the amount recommended by the directors.

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Source: https://www.legislation.gov.uk/ukpga/Edw7/8/69/schedule/FIRST/paragraph/95 (the official version)
Page: https://openlegislation.uk/companies-consolidation-act-1908/schedule-FIRST/paragraph-95
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.