/

/

United States legal-change intelligence across legislation, regulation, and case law. Separate data plane, same Zoe spine.

Platform

Legislation
Cases
Ask Zoe
Recently analysed

Company

Pricing
API
X
LinkedIn
Instagram

Jurisdictions

Federal
Supreme Court

District of Columbia

© 2026 Zoe. All rights reserved.

Zoe is a legal information platform. Always consult the official source for authoritative text.

Section 10 - Port Companies Act 1997 - Shares — Zoe

Legislation Cases Absurdities Ask Zoe Graph Pricing

Home/Legislation/Port Companies Act 1997/10

TASIn ForceAct

Port Companies Act 1997

10Shares

Start here

Get a plain-English read of 10

Turn the raw legal text into a practical explanation grounded in Port Companies Act 1997.

View in full context

### 10 Shares > > (1) The consideration for shares issued to the members of a company is to be – > > > > > > (a) any money provided by Parliament for that purpose; or > > > > > > > (b) any interest in land transferred to the company under [section 23](#GS23@EN) ; or > > > > > > > (c) any assets or rights vested in the company under [clause 8](#JS1@GC8@EN) of [Schedule 1](#JS1@EN) ; or > > > > > > > (d) any combination of the considerations specified in [paragraphs (a)](#GS10@Gs1@Hpa@EN) , [(b)](#GS10@Gs1@Hpb@EN) and [(c)](#GS10@Gs1@Hpc@EN) . > > > (2) Shares issued to the members of a company are held by the members in trust for the Crown.

Previous section9Members of company Next section11Initial directors