C1Part 17A company's share capital

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Modifications etc. (not altering text)

Chapter 9Classes of share and class rights

Matters to be notified to the registrar

636Notice of name or other designation of class of shares

1

Where a company assigns a name or other designation, or a new name or other designation, to any class or description of its shares, it must within one month from doing so deliver to the registrar a notice giving particulars of the name or designation so assigned.

2

If default is made in complying with this section, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

3

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

637Notice of particulars of variation of rights attached to shares

1

Where the rights attached to any shares of a company are varied, the company must within one month from the date on which the variation is made deliver to the registrar a notice giving particulars of the variation.

2

If default is made in complying with this section, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

3

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

638Notice of new class of members

1

If a company not having a share capital creates a new class of members, the company must within one month from the date on which the new class is created deliver to the registrar a notice containing particulars of the rights attached to that class.

2

If default is made in complying with this section, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

3

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

639Notice of name or other designation of class of members

1

Where a company not having a share capital assigns a name or other designation, or a new name or other designation, to any class of its members, it must within one month from doing so deliver to the registrar a notice giving particulars of the name or designation so assigned.

2

If default is made in complying with this section, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

3

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.

640Notice of particulars of variation of class rights

1

If the rights of any class of members of a company not having a share capital are varied, the company must within one month from the date on which the variation is made deliver to the registrar a notice containing particulars of the variation.

2

If default is made in complying with this section, an offence is committed by—

a

the company, and

b

every officer of the company who is in default.

3

A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.