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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 59

59. A company, if so authorised by its articles, may do any one or more of the
following things

(a)make arrangements on the issue of shares for a difference between the
shareholders in the amounts and times of payment of calls on their shares;

(b)accept from any member the whole or a part of the amount remaining unpaid
on any shares held by him, although no part of that amount has been called up;

(c)pay dividend in proportion to the amount paid up on each share where a
larger amount is paid up on some shares than on others.

© 1960 Crown Copyright

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