Part 17A company's share capital

Chapter 2Allotment of shares: general provisions

Supplementary provisions

558When shares are allotted

For the purposes of the Companies Acts shares in a company are taken to be allotted when a person acquires the unconditional right to be included in the company's register of members F1F2(or, as the case may be, to have the person's name and other particulars delivered to the registrar under Chapter 2A of Part 8 and registered by the registrar) in respect of the shares.