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Part 20Private and public companies

Chapter 2Minimum share capital requirement for public companies

762Procedure for obtaining certificate

(1)An application for a certificate under section 761 must—

(a)state that the nominal value of the company’s allotted share capital is not less than the authorised minimum,

(b)specify the amount, or estimated amount, of the company’s preliminary expenses,

(c)specify any amount or benefit paid or given, or intended to be paid or given, to any promoter of the company, and the consideration for the payment or benefit, and

(d)be accompanied by a statement of compliance.

(2)The statement of compliance is a statement that the company meets the requirements for the issue of a certificate under section 761.

(3)The registrar may accept the statement of compliance as sufficient evidence of the matters stated in it.