Part VIII Types of share that may be used
United Kingdom
- Introduction
- Must be ordinary share capital
- Requirement as to listing etc.
- Shares must be fully paid up and not redeemable
- Only certain kinds of restriction allowed
- Permitted restrictions: voting rights
- Permitted restrictions: provision for forfeiture
- Permitted restrictions: pre-emption conditions
- Prohibited companies
Notes on Schedule 8
Textual amendments
- F1
Sch. 8 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 8 Pt. 1 (with Sch. 7)