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.