501. Shares and the nature of shares
Past version: effective from 14/06/2015 - 13/06/2015
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(1) In these Regulations "share", in relation to a company, means a share in the company's share capital.
(2) The shares or other interest of a member in a company are personal property and are not in the nature of real estate.
(3) Shares in a limited company have no nominal value.