# Companies (Consolidation) Act 1908, Section 39: Power of company to arrange for different amounts being paid on shares.


A company, if so authorised by its articles, may do any one or more of the following things ; namely,—
(1) 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 :
(2) Accept from any member who assents thereto 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 :
(3) 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.

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Source: https://www.legislation.gov.uk/ukpga/Edw7/8/69/section/39 (the official version)
Page: https://openlegislation.uk/companies-consolidation-act-1908/section-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.