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The Companies Act 2006 (Consequential Amendments etc) Order 2008
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- UK Statutory Instruments
- 2008 No. 948
- SCHEDULE 1
- PART 2
- Paragraph 114
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Companies (Northern Ireland) Order 1986 (S.I. 1986/1032 (N.I. 6))
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114. In Article 22 of the Companies (Northern Ireland) Order 1986 (public companies: minimum authorised capital), for the words from “the amount of” to the end, substitute—
“the share capital stated in the memorandum to be that with which the company proposes to be registered—
(a)must have a nominal value of not less than the authorised minimum (as defined in section 763 of the Companies Act 2006); and
(b)to the extent necessary to comply with that requirement, must be denominated in accordance with section 765 of that Act (allotted share capital of public company to be denominated either in sterling or in euros but not partly in one and partly in the other).”.
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