Back to the text
Companies Act 1967 · s 73A
Suggest a correction
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Companies Act 1967 · s 73A
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
A redenomination of shares does not affect —
any rights or obligations of members under the company’s constitution or any restrictions affecting members under the company’s constitution; or
any entitlement to dividends (including any entitlement to dividends in a particular currency), voting rights and liability in respect of amounts remaining unpaid on shares (including liability in a particular currency).
For the purposes of subsection (1), the reference to a company’s constitution includes the terms on which any shares of the company are allotted or held.