Part 18U.K.Acquisition by limited company of its own shares

Modifications etc. (not altering text)

Chapter 1U.K.General provisions

Shares held by or for public companyU.K.

665Issue of certificate of incorporation on re-registrationU.K.

(1)If on an application under section 664 the registrar is satisfied that the company is entitled to be re-registered as a private company, the company shall be re-registered accordingly.

(2)The registrar must issue a certificate of incorporation altered to meet the circumstances of the case.

(3)The certificate must state that it is issued on re-registration and the date on which it is issued.

(4)On the issue of the certificate—

(a)the company by virtue of the issue of the certificate becomes a private company, and

(b)the changes in the company's name and articles take effect.

(5)The certificate is conclusive evidence that the requirements of this Act as to re-registration have been complied with.