- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Companies Act 2006 (Amendment of Part 18) Regulations 2015 No. 532
3.(1) Section 692 (financing purchase of own shares) is amended...
4.In section 708(2) (notice to registrar of cancellation of shares),...
5.In section 709 (power of private limited company to redeem...
7.For section 724(1)(b) (treasury shares) substitute— (b) the purchase is...
8.In section 733(3) (the capital redemption reserve), after “under Chapter...
9.(1) Section 734 (accounting consequences of payment out of capital)...
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Draft Explanatory Memorandum sets out a brief statement of the purpose of a Draft Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: