# The Companies (Northern Ireland) Order 1986 (revoked), Article 110: Prohibition on allotment of shares at a discount

Extent: N.I.

(1) A company's shares shall not be allotted at a discount.
(2) If shares are allotted in contravention of this Article, the allottee is liable to pay the company an amount equal to the amount of the discount, with interest at the appropriate rate.

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Source: https://www.legislation.gov.uk/nisi/1986/1032/article/110 (the official version)
Page: https://openlegislation.uk/companies-northern-ireland-order-1986-revoked/article-110
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.