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Companies Act 1967 · s 73A

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s 73AEffect of redenomination

(1)

A redenomination of shares does not affect —

(a)

any rights or obligations of members under the company’s constitution or any restrictions affecting members under the company’s constitution; or

(b)

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).

(2)

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.