630 Variation of class rights: companies having a share capital
Companies Act 2006 | Legislation

Variation of class rights

630  Variation of class rights: companies having a share capital

(1)     This section is concerned with the variation of the rights attached to a class of shares in a company having a share capital.

(2)     Rights attached to a class of a company's shares may only be varied—

(a)     in accordance with provision in the company's articles for the variation of those rights, or

(b)     where the company's articles contain no such provision, if the holders of shares of that class consent to the variation in accordance with this section.

(3)     This is without prejudice to any other restrictions

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