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Changes over time for: Paragraph 5


Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 17/06/2016.
Changes to legislation:
Companies Act 2006, Paragraph 5 is up to date with all changes known to be in force on or before 05 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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Nodiadau Esboniadol
5(1)A person is taken to be interested in shares if a body corporate is interested in them and—U.K.
(a)the body corporate or its directors are accustomed to act in accordance with his directions or instructions, or
(b)he is entitled to exercise or control the exercise of more than one-half of the voting power at general meetings of the body corporate.
(2)For the purposes of sub-paragraph (1)(b) where—
(a)a person is entitled to exercise or control the exercise of more than one-half of the voting power at general meetings of a body corporate, and
(b)that body corporate is entitled to exercise or control the exercise of any of the voting power at general meetings of another body corporate,
the voting power mentioned in paragraph (b) above is taken to be exercisable by that person.
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