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Changes over time for: Section 169A


Timeline of Changes
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No versions valid at: 22/11/2000
Status:
Point in time view as at 22/11/2000. This version of this provision is not valid for this point in time.

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Changes to legislation:
There are currently no known outstanding effects for the Companies Act 1985, Section 169A.

Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Valid from 01/12/2003
169ADisclosure by company of cancellation or disposal of treasury sharesE+W+S
(1)Subsection (2) applies in relation to any shares held by a company as treasury shares if—
(a)the company is or was required to make a return under section 169(1B) in relation to the shares, and
(b)the shares have—
(i)been cancelled in accordance with section 162D(1), or
(ii)been sold or transferred for the purposes of or pursuant to an employees' share scheme under section 162D(1).
(2)Within the period of 28 days beginning with the date on which such shares are cancelled or disposed of, the company shall deliver to the registrar of companies for registration a return in the prescribed form stating with respect to shares of each class cancelled or disposed of—
(a)the number and nominal value of those shares, and
(b)the date on which they were cancelled or disposed of.
(3)Particulars of shares cancelled or disposed of on different dates may be included in a single return to the registrar.
(4)If default is made in delivering to the registrar any return required by this section, every officer of the company who is in default is liable to a fine and, for continued contravention, to a daily default fine.
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