Section 1:
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
1. Par value shares may be issued
(1) Notwithstanding section 47, the shares of a company holding a Global
Business Licence or an Authorised Company may be issued with or without a par
value provided that all the ordinary shares or all the preference shares of the
company shall consist of one kind or the other.
(2) Par value shares if any, may be stated in more than one currency.
C35 – 239 [Issue 10]
Companies Act