{
  "url": "https://openlegislation.uk/companies-model-articles-regulations-2008/schedule-1/paragraph-24",
  "json_url": "https://openlegislation.uk/companies-model-articles-regulations-2008/schedule-1/paragraph-24.json",
  "legislation": "uksi/2008/3229",
  "legislation_title": "The Companies (Model Articles) Regulations 2008",
  "legislation_url": "https://openlegislation.uk/companies-model-articles-regulations-2008",
  "path": "schedule/1/paragraph/24",
  "kind": "paragraph",
  "number": "24",
  "heading": "Share certificates",
  "text": "(1) The company must issue each shareholder, free of charge, with one or more certificates in respect of the shares which that shareholder holds.\n(2) Every certificate must specify—\n(a) in respect of how many shares, of what class, it is issued;\n(b) the nominal value of those shares;\n(c) that the shares are fully paid; and\n(d) any distinguishing numbers assigned to them.\n(3) No certificate may be issued in respect of shares of more than one class.\n(4) If more than one person holds a share, only one certificate may be issued in respect of it.\n(5) Certificates must—\n(a) have affixed to them the company’s common seal, or\n(b) be otherwise executed in accordance with the Companies Acts.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 art. 24 in force at 1.10.2009, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/3229/schedule/1/paragraph/24",
    "retrieved_at": "2026-10-29T03:20:04.243060+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}