SCHEDULE
Amendment of section 24 of the 1985 ActI12
In section 24 of the 1985 Act (minimum membership for carrying on business)7, the existing provision becomes subsection (1) of that section, and at the end insert—
2
For the purposes of this section references to a member of a company do not include the company itself where it is such a member only by virtue of its holding shares as treasury shares.