571 Disapplication of pre-emption rights by special resolution
Companies Act 2006 (2006 c 46) | Legislation

571  Disapplication of pre-emption rights by special resolution

(1)     Where the directors of a company are authorised for the purposes of section 551 (power of directors to allot shares etc: authorisation by company), whether generally or otherwise, the company may by special resolution resolve that section 561 (existing shareholders' right of pre-emption)—

(a)     does not apply to a specified allotment of equity securities to be made pursuant to that authorisation, or

(b)     applies to such an allotment with such modifications as may be specified in the

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