[F1930No allotment of shares to transferor company or its nominee (division)U.K.
This
adran has no associated
Nodiadau Esboniadol
The scheme must not provide for any shares in a transferee company to be allotted to—
(a)the transferor company (or its nominee) in respect of shares in the transferor company held by the transferor company itself (or its nominee); or
(b)a transferee company (or its nominee) in respect of shares in the transferor company held by the transferee company (or its nominee).]
Textual Amendments
F1S. 930 substituted (6.4.2008) by The Companies (Mergers and Divisions of Public Companies) (Amendment) Regulations 2008 (S.I. 2008/690), reg. 4