Acquisition by company of its own shares4
1
In each of sections 694(5), 697(4) and 700(4) of the Companies Act 2006 (authority for off-market purchase, variation of contract for off-market purchase and release of off-market purchase rights: public companies) for “18 months” substitute “five years”.
2
In section 701(5) of the Companies Act 2006 (authority for market purchase) for “18 months” substitute “five years”.