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Section 35

Calls

of Langkawi International Yachting Companies Act 2005

ActIn forceProvision 35 of 125
Section 35

A Langkawi company may—

(a)

make arrangements, on the issue of shares, for varying the amounts and times of payment of calls as between shareholders;

(b)

accept from any member the whole or any part of the amount remaining unpaid on any shares although no part of that amount has been called up; and

(c)

pay dividends in proportion to the amount paid up on each share where a larger amount is paid up on some shares than on others.