Companies Act (Cap. 386), article 87

Official PDF on legislation.mt

87. Shares shall be paid up on allotment to at least twenty per cent of their nominal value in the case of a private company. Offering of shares on a pre-emptive basis on issue. Amended by: IV . 2003.51; XIII. 2004.98; XI. 2017.4.

← Art. 86 Art. 88 →

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.