This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
3.—(1) Section 641 of the Companies Act 2006 (ways in which company may reduce its share capital) has effect with the following adaptations.
(2) After subsection (1) insert—
“(1A) Where a company reduces its share capital under subsection (1)(a), the special resolution under this section must make any necessary alterations of the company’s memorandum by reducing the amount of its share capital and of its shares.”.
(3) In subsection (3) for “this section” substitute “subsection (1)(a)”.
(4) In subsection (6) for “the company’s articles” substitute “the company’s memorandum or articles”.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
