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In forceAmended2020 Revised Edition
Contents

Part 4 · Shares, Debentures and Charges

67. Use of share capital to pay expenses incurred in issue of new shares

Amended

Last amended by an amending law of 2014.

(1)

A company may use its share capital to pay any expenses (including brokerage or commission) incurred directly in the issue of new shares.

(2)

A payment made under subsection (1) is not to be taken as reducing the amount of share capital of the company.

Report

Part 5

Management and Administration

Part 6

Financial Statements and Audit

Part 7

Arrangements, Reconstructions and Amalgamations

Part 8

Part 8A

Part 9

Investigations

Part 10

Dissolution

Part 10A

Transfer of Registration

Part 11

Various Types of Companies, Etc.

Part 11A

Register of Controllers, Nominee Directors and Nominee Shareholders of Companies

Part 12

General

Schedules