# Companies (Consolidation) Act 1908, Section 56: Increase and reduction of share capital in case of a company limited by guarantee having a share capital.


A company limited by guarantee and registered on or after the first day of January nineteen hundred and one, may, if it has a share capital, and is so authorised by its articles, increase or reduce its share capital in the same manner and subject to the same conditions in and subject to which a company limited by shares may increase or reduce its share capital under the provisions of this Act.

---
Source: https://www.legislation.gov.uk/ukpga/Edw7/8/69/section/56 (the official version)
Page: https://openlegislation.uk/companies-consolidation-act-1908/section-56
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.