Toggle SidebarChapter 4Section 51Search sections⌘KSearch this ActJump directly to a section by number or title.Chapter 4Section 51Section 51Chapter 4Payment of dividend in proportion to amount paid-upA companycompany may, if so authorised by its articlesarticles, pay dividenddividend in proportion to the amount paid-up on each shareshare .Section 50Section 51Section 52