29 Par value and no par value shares
(1) Subject to contrary provision in the memorandum or articles of a company-
(a) a share may be issued with or without a par value;
(b) a share with a par value may be issued in any currency; and
(c) shares may be numbered or unnumbered.
(2) The par value of a par value share may be a fraction of the smallest denomination of the currency in which it is issued