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Companies Act 2006

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Companies Act 2006, Section 990 is up to date with all changes known to be in force on or before 02 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Valid from 06/04/2007

990Debentures carrying voting rightsU.K.
This section has no associated Explanatory Notes

(1)For the purposes of this Chapter debentures issued by a company to which subsection (2) applies are treated as shares in the company if they carry voting rights.

(2)This subsection applies to a company that has voting shares, or debentures carrying voting rights, which are admitted to trading on a regulated market.

(3)In this Chapter, in relation to debentures treated as shares by virtue of subsection (1)—

(a)references to the holder of shares or a shareholder are to be read accordingly;

(b)references to shares being allotted are to be read as references to debentures being issued.

Modifications etc. (not altering text)

C1Ss. 974-991 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 14(2) (with transitional provisions and savings in regs. 7, 9, Sch. 2)

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