<Legislation xmlns="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" DocumentURI="http://www.legislation.gov.uk/ukpga/1985/6" IdURI="http://www.legislation.gov.uk/id/ukpga/1985/6" NumberOfProvisions="1558" xsi:schemaLocation="http://www.legislation.gov.uk/namespaces/legislation http://www.legislation.gov.uk/schema/legislation.xsd" SchemaVersion="1.0" RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-04-07"><ukm:Metadata xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata">
					<dc:identifier>http://www.legislation.gov.uk/ukpga/1985/6/schedule/21/paragraph/7</dc:identifier><dc:title>Companies Act 1985</dc:title><dc:description>An Act to consolidate the greater part of the Companies Acts.</dc:description><dc:date>1985-03-11</dc:date><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-04-16</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-04-07</dct:valid>
					
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					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="1985"/><ukm:Number Value="6"/><ukm:EnactmentDate Date="1985-03-11"/><ukm:UnappliedEffects><ukm:UnappliedEffect Comments="Repealed without ever being in force" AffectedNumber="6" Modified="2024-01-31T08:54:29Z" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2006/50" AffectingProvisions="Sch. 8 para. 75(3)" Notes="This amendment not applied to legislation.gov.uk. Sch. 8 para. 75 repealed (1.10.2009) by S.I. 2009/1941, arts. 1, 2(2), Sch. 2" AffectingNumber="50" Type="inserted" AffectedProvisions="s. 380(4ZB)" URI="http://www.legislation.gov.uk/id/effect/key-5ae1f335bf685527d75ff1d1db98193d" EffectId="key-5ae1f335bf685527d75ff1d1db98193d" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1985/6" AffectedYear="1985" AffectingEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectingClass="UnitedKingdomPublicGeneralAct" Row="692" AffectedClass="UnitedKingdomPublicGeneralAct" RequiresApplied="false" AffectingYear="2006" AffectedExtent="E+W+S+N.I."><ukm:AffectedTitle>Companies Act 1985</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-380-4ZB" URI="http://www.legislation.gov.uk/id/ukpga/1985/6/section/380/4ZB" FoundRef="section-380">s. 380(4ZB)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Charities Act 2006</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2006/50/schedule/8">Sch. 8 </ukm:Section><ukm:Section Ref="schedule-8-paragraph-75-3" URI="http://www.legislation.gov.uk/id/ukpga/2006/50/schedule/8/paragraph/75/3">para. 75(3)</ukm:Section></ukm:AffectingProvisions><ukm:CommencementAuthority><ukm:Section Ref="section-79-2" URI="http://www.legislation.gov.uk/id/ukpga/2006/50/section/79/2">s. 79(2)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect EffectId="key-e3e23e4a590e9c77a31007caf479277d" AffectedProvisions="s. 396(1)(a)(ii)" RequiresApplied="false" AffectingClass="ScottishAct" Comments="If section 92 of the Companies Act 1989 has not come into force by the date on which this schedule comes into force, then the repeal of words in s. 410(4)(a) by Sch. 12 para. 46(2)(b) has effect; otherwise the repeal of words in to s. 396(1)(a)(ii) by Sch. 12 para. 46(2)(a) has effect" URI="http://www.legislation.gov.uk/id/effect/key-e3e23e4a590e9c77a31007caf479277d" AffectingYear="2000" AffectedNumber="6" AffectedYear="1985" AffectingEffectsExtent="S" Modified="2021-08-30T09:08:38Z" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1985/6" AffectingNumber="5" AffectingProvisions="Sch. 12 para. 46(2)(a)(3)(4) Sch. 13 Pt. 1" AffectingURI="http://www.legislation.gov.uk/id/asp/2000/5" Row="12" Type="words repealed (cond.)" Notes="The commencement of sch. 12 para. 46(2)(a) is conditional upon whether or not Companies Act, 1989 (c. 40), s. 92 is in force, see sch. 12 para. 46(3)(4). 1989 c. 40, Pt. 4 (ss. 92-107) was repealed without ever being in force (1.10.2009) by 2006 c. 46, s. 1180, Sch. 16; S.I. 2008/2860, arts. 3, 4, Sch. 1" AffectedClass="UnitedKingdomPublicGeneralAct"><ukm:AffectedTitle>Companies Act 1985</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-396-1-a-ii" URI="http://www.legislation.gov.uk/id/ukpga/1985/6/section/396/1/a/ii" FoundRef="section-396">s. 396(1)(a)(ii)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Abolition of Feudal Tenure etc. (Scotland) Act</ukm:AffectingTitle><ukm:AffectingTitle>Abolition of Feudal Tenure etc. (Scotland) Act 2000</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="schedule-12" URI="http://www.legislation.gov.uk/id/asp/2000/5/schedule/12">Sch. 12 </ukm:Section><ukm:Section Ref="schedule-12-paragraph-46-2-a" URI="http://www.legislation.gov.uk/id/asp/2000/5/schedule/12/paragraph/46/2/a">para. 46(2)(a)</ukm:Section><ukm:Section Ref="schedule-12-paragraph-46-3" URI="http://www.legislation.gov.uk/id/asp/2000/5/schedule/12/paragraph/46/3">(3)</ukm:Section><ukm:Section Ref="schedule-12-paragraph-46-4" URI="http://www.legislation.gov.uk/id/asp/2000/5/schedule/12/paragraph/46/4">(4)</ukm:Section> <ukm:Section Ref="schedule-13" URI="http://www.legislation.gov.uk/id/asp/2000/5/schedule/13">Sch. 13 </ukm:Section><ukm:Section Ref="schedule-13-part-1" URI="http://www.legislation.gov.uk/id/asp/2000/5/schedule/13/part/1">Pt. 1</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="section-58" URI="http://www.legislation.gov.uk/id/asp/2000/5/section/58">s. 58</ukm:Section> <ukm:Section Ref="section-62" URI="http://www.legislation.gov.uk/id/asp/2000/5/section/62">62</ukm:Section> <ukm:Section Ref="section-75" URI="http://www.legislation.gov.uk/id/asp/2000/5/section/75">75</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-71" URI="http://www.legislation.gov.uk/id/asp/2000/5/section/71">s. 71</ukm:Section> <ukm:Section Ref="section-77-2" URI="http://www.legislation.gov.uk/id/asp/2000/5/section/77/2">77(2)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect></ukm:UnappliedEffects></ukm:PrimaryMetadata>
					

                    
									 
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				</ukm:Metadata><Primary><Schedules RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-04-07"><Title>SCHEDULES</Title><Schedule DocumentURI="http://www.legislation.gov.uk/ukpga/1985/6/schedule/21" IdURI="http://www.legislation.gov.uk/id/ukpga/1985/6/schedule/21" NumberOfProvisions="9" id="schedule-21" RestrictExtent="E+W+S" RestrictStartDate="2009-10-01"><Number><CommentaryRef Ref="c19891781"/><CommentaryRef Ref="c19891781"/>SCHEDULE 21</Number><ScheduleBody><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/1985/6/schedule/21/crossheading/capital-structure" IdURI="http://www.legislation.gov.uk/id/ukpga/1985/6/schedule/21/crossheading/capital-structure" NumberOfProvisions="1" RestrictExtent="E+W+S" Match="false" id="schedule-21-crossheading-capital-structure"><Title> Capital structure</Title><P1group Layout="below" RestrictExtent="E+W+S" Match="false"><Title/><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/1985/6/schedule/21/paragraph/7" IdURI="http://www.legislation.gov.uk/id/ukpga/1985/6/schedule/21/paragraph/7" id="schedule-21-paragraph-7"><Pnumber>7</Pnumber><P1para><Text>Provisions of this Act with respect to—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1985/6/schedule/21/paragraph/7/a" IdURI="http://www.legislation.gov.uk/id/ukpga/1985/6/schedule/21/paragraph/7/a" id="schedule-21-paragraph-7-a"><Pnumber>a</Pnumber><P3para><Text>the registration of an unlimited company as limited,</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1985/6/schedule/21/paragraph/7/b" IdURI="http://www.legislation.gov.uk/id/ukpga/1985/6/schedule/21/paragraph/7/b" id="schedule-21-paragraph-7-b"><Pnumber>b</Pnumber><P3para><Text>the powers of an unlimited company on registration as a limited company to increase the nominal amount of its share capital and to provide that a portion of its share capital shall not be capable of being called up except in the event of winding up, and</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/1985/6/schedule/21/paragraph/7/c" IdURI="http://www.legislation.gov.uk/id/ukpga/1985/6/schedule/21/paragraph/7/c" id="schedule-21-paragraph-7-c"><Pnumber>c</Pnumber><P3para><Text>the power of a limited company to determine that a portion of its share capital shall not be capable of being called up except in that event,</Text></P3para></P3><Text>apply, notwithstanding any provisions contained in an Act of Parliament, royal charger or other instrument constituting or regulating the company.</Text></P1para></P1></P1group></Pblock></ScheduleBody></Schedule></Schedules></Primary><Commentaries><Commentary id="c19891781" Type="F"><Para><Text><CitationSubRef id="c09820" URI="http://www.legislation.gov.uk/id/ukpga/1985/6/schedule/20" UpTo="http://www.legislation.gov.uk/id/ukpga/1985/6/schedule/22" Type="group" StartSectionRef="schedule-20" EndSectionRef="schedule-22">Schs. 20-22</CitationSubRef> repealed (1.10.2009) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2006/46" id="c09821" Year="2006" Class="UnitedKingdomPublicGeneralAct" Number="46" Title="Companies Act 2006">Companies Act 2006 (c. 46)</Citation>, <CitationSubRef id="c09822" URI="http://www.legislation.gov.uk/id/ukpga/2006/46/section/1295" CitationRef="c09821" SectionRef="section-1295">ss. 1295</CitationSubRef>, <CitationSubRef id="c09823" URI="http://www.legislation.gov.uk/id/ukpga/2006/46/section/1300" CitationRef="c09821" SectionRef="section-1300">1300</CitationSubRef>, <CitationSubRef id="c09824" URI="http://www.legislation.gov.uk/id/ukpga/2006/46/schedule/16" CitationRef="c09821" SectionRef="schedule-16" Operative="true">Sch. 16</CitationSubRef>; <Citation URI="http://www.legislation.gov.uk/id/uksi/2008/2860" id="c09825" Class="UnitedKingdomStatutoryInstrument" Year="2008" Number="2860">S.I. 2008/2860</Citation>, <CitationSubRef id="c09826" URI="http://www.legislation.gov.uk/id/uksi/2008/2860/article/4" CitationRef="c09825" SectionRef="article-4" Operative="true">art. 4</CitationSubRef>, <CitationSubRef id="c09827" URI="http://www.legislation.gov.uk/id/uksi/2008/2860/schedule/1" CitationRef="c09825" SectionRef="schedule-1">Sch. 1</CitationSubRef> (with <CitationSubRef id="c09828" URI="http://www.legislation.gov.uk/id/uksi/2008/2860/article/5" CitationRef="c09825" SectionRef="article-5">arts. 5</CitationSubRef>, <CitationSubRef id="c09829" URI="http://www.legislation.gov.uk/id/uksi/2008/2860/article/7" CitationRef="c09825" SectionRef="article-7">7</CitationSubRef>, <CitationSubRef id="c09830" URI="http://www.legislation.gov.uk/id/uksi/2008/2860/article/8" CitationRef="c09825" SectionRef="article-8">8</CitationSubRef>, <CitationSubRef id="c09831" URI="http://www.legislation.gov.uk/id/uksi/2008/2860/schedule/2" CitationRef="c09825" SectionRef="schedule-2">Sch. 2</CitationSubRef> (as amended by <Citation URI="http://www.legislation.gov.uk/id/uksi/2009/1802" id="c09832" Class="UnitedKingdomStatutoryInstrument" Year="2009" Number="1802">S.I. 2009/1802</Citation>, <CitationSubRef id="c09833" URI="http://www.legislation.gov.uk/id/uksi/2009/1802/article/18" CitationRef="c09832" SectionRef="article-18">art. 18</CitationSubRef>, <CitationSubRef id="c09834" URI="http://www.legislation.gov.uk/id/uksi/2009/1802/schedule" CitationRef="c09832" SectionRef="schedule">Sch.</CitationSubRef>))</Text></Para></Commentary></Commentaries></Legislation>