Cap. 168 чл. 91No allotment of sharecapitalunless seventy-five per cent subscribed.

(1) No allotment shall be made of any share capital of a company offered to the public for subscription unless seventy-five per cent of the share capital so offered has been subscribed.

(2) Not less than ten per cent of the nominal amount of each share taken shall be paid up on allotment.