OpenLegislation

Paragraph 39 I1

“Ordinary share capital”, in relation to a company, means all the issued share capital (by whatever name called) of the company, other than capital the holders of which have a right to a dividend at a fixed rate but have no other right to share in the profits of the company.

Annotations

Commencement

I1

Sch. 11 para. 39 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2