{
  "url": "https://openlegislation.uk/companies-model-articles-regulations-2008/schedule-3/paragraph-44",
  "json_url": "https://openlegislation.uk/companies-model-articles-regulations-2008/schedule-3/paragraph-44.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/3/paragraph/44",
  "kind": "paragraph",
  "number": "44",
  "heading": "Payment of commissions on subscription for shares",
  "text": "(1) The company may pay any person a commission in consideration for that person—\n(a) subscribing, or agreeing to subscribe, for shares, or\n(b) procuring, or agreeing to procure, subscriptions for shares.\n(2) Any such commission may be paid—\n(a) in cash, or in fully paid or partly paid shares or other securities, or partly in one way and partly in the other, and\n(b) in respect of a conditional or an absolute subscription.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 3 art. 44 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/3/paragraph/44",
    "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."
}