C1Part 18Acquisition by limited company of its own shares
Annotations:
Modifications etc. (not altering text)
Chapter 4Purchase of own shares
Supplementary provisions
704No assignment of company's right to purchase own shares
The rights of a company under a contract authorised under—
F1za
section 693A (authority for off-market purchase for the purposes of or pursuant to an employees' share scheme),
a
section 694 (authority for off-market purchase), or
b
section 701 (authority for market purchase)
are not capable of being assigned.
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2