704No assignment of company's right to purchase own sharesU.K.
This
adran has no associated
Nodiadau Esboniadol
The rights of a company under a contract authorised under—
[F1(za)section 693A (authority for off-market purchase for the purposes of or pursuant to an employees' share scheme),]
(a)section 694 (authority for off-market purchase), or
(b)section 701 (authority for market purchase)
are not capable of being assigned.
Textual Amendments
F1S. 704(za) inserted (30.4.2013) by The Companies Act 2006 (Amendment of Part 18) Regulations 2013 (S.I. 2013/999), reg. 9