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Section 1041: Definition of "joint stock company"

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 33: UK companies not formed under companies legislation — Chapter 1: Companies not formed under companies legislation but authorised to register

For the purposes of section 1040 (companies authorised to register under this Act) "joint stock company" means a company—

having a permanent paid-up or nominal share capital of fixed amount divided into shares, also of fixed amount, or held and transferable as stock, or divided and held partly in one way and partly in the other, and
formed on the principle of having for its members the holders of those shares or that stock, and no other persons.

Such a company when registered with limited liability under this Act is deemed a company limited by shares.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.