Section 567

All or any of the requirements of— may be excluded by provision contained in the articles of a private company. section 561 (existing shareholders' right of pre-emption), or section 562 (communication of pre-emption offers to shareholders) They may be excluded— generally in relation to the allotment by the company of equity securities, or in relation to allotments of a particular description. Any requirement or authorisation contained in the articles of a private company that is inconsistent with either of those sections is treated for the purposes of this section as a provision excluding that section. A provision to which section 568 applies (exclusion of pre-emption right: corresponding right conferred by articles) is not to be treated as inconsistent with section 561.

← 566A · All articles · 1 →

Source: legislation.gov.uk · retrieved 2026-09-04