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Contents

Legislation
Companies Act 2006

Crossheading Other matters

  • Section 848 Saving for certain older provisions in articles
  • Section 849 Restriction on application of unrealised profits
  • Section 850 Treatment of certain older profits or losses
  • Section 851 Application of rules of law restricting distributions
  • Section 852 Saving for other restrictions on distributions
  • Section 853 Minor definitions
  1. Other matters
  2. Restriction on application of unrealised profits

Section 849 | Restriction on application of unrealised profits

From legislation.gov.uk

A company must not apply an unrealised profit in paying up debentures or any amounts unpaid on its issued shares.

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