http://www.legislation.gov.uk/ukpga/Edw7/8/69/schedule/FIRST/paragraph/16/enactedCompanies (Consolidation) Act 1908InspectionsKing's Printer of Acts of Parliament2023-05-24SCHEDULES.FIRST SCHEDULETABLE ARegulations for Management of a Company Limited by Shares.Calls on Shares.16The directors may make arrangements on the issue of shares for a difference between the holders in the amount of calls to be paid and in the times of payment.