Part VOther amendments of Company Law
Miscellaneous
135Orders imposing restrictions on shares
1
The Secretary of State may by regulations made by statutory instrument make such amendments of the provisions of the [1985 c. 6.] Companies Act 1985 relating to orders imposing restrictions on shares as appear to him necessary or expedient—
a
for enabling orders to be made in a form protecting the rights of third parties;
b
with respect to the circumstances in which restrictions may be relaxed or removed;
c
with respect to the making of interim orders by a court.
2
The provisions referred to in subsection (1) are section 210(5), section 216(1) and (2), section 445 and Part XV of the [1985 c. 6.] Companies Act 1985.
3
The regulations may make different provision for different cases and may contain such transitional and other supplementary and incidental provisions as appear to the Secretary of State to be appropriate.
4
Regulations under this section shall not be made unless a draft of the regulations has been laid before Parliament and approved by resolution of each House of Parliament.