2U.K.In section 98 of the 1984 Act (effect of alterations of capital, etc.) in subsection (1)—
(a)in paragraph (a) for the words from “shares” onwards there shall be substituted “ quoted shares or quoted securities ”;
(b)in paragraph (b) for the words from “shares” onwards there shall be substituted “ unquoted shares in or unquoted debentures of a close company ”; and
(c)for the words “shares or debentures not so quoted” there shall be substituted “ unquoted shares or unquoted debentures ”.