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Regulation 101 Numbering of shares

Original text. Later amendments are not shown.

(1)

Each share issued on behalf of a part of protected cell company must be distinguished by its appropriate number, except in the following circumstances.

(2)

A share issued on behalf of a part of a protected cell company need not have a distinguishing number provided—

(a)

all the shares issued on behalf of that part are fully paid up and rank pari passu for all purposes; or

(b)

all the shares issued on behalf of that part and belonging to the same class as that share are fully paid up and rank pari passu for all purposes.