567 Exclusion of requirements by private companies
567 Exclusion of requirements by private companies
Companies Act 2006 | Legislation

(1)     All or any of the requirements of—

(a)     section 561 (existing shareholders' right of pre-emption), or

(b)     section 562 (communication of pre-emption offers to shareholders)

may be excluded by provision contained in the articles of a private company.

(2)     They may be excluded—

(a)     generally in relation to the allotment by the company of equity securities, or

(b)     in relation to allotments of a particular description.

(3)     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.