Variable Capital Companies Act 2018 · 2020 Revised Edition · Part 5 · Shares, Debentures and Charges
41. Application of other provisions of Division 7 of Part 4 of Companies Act 1967
Feedback & supportSubject to section 5, section 122 of the Companies Act 1967 applies in relation to a VCC’s shares as it applies in relation to a company’s shares, except that the reference in section 122(2)(b) to section 123 of that Act is to section 39.
VCC
“VCC” or “variable capital company” means a body corporate incorporated as such under this Act;
Subject to section 5, sections 124 and 125 (except subsection (3)) of the Companies Act 1967 apply in relation to a VCC and any certificate or other document of title to shares or debentures of a VCC, as they apply in relation to a company and any certificate or other document of title to shares or debentures of a company.
document
“document” includes any summons, order and other legal process, and any notice and register;