Third party compensation: mandatory provisionU.K.
This section has no associated Explanatory Memorandum
67.—(1) Section 60 (third party compensation: mandatory provision) is amended as follows.
(2) In subsection (2) after “pre-transfer” insert “shareholders or”.
(3) In subsection (3)(b)—
(a)after “pre-transfer” insert “shareholder or”, and
(b)in sub-paragraph (i), for “is a creditor of a” substitute “holds securities issued by, or is a creditor of, a”.
Commencement Information
I1Art. 67 in force at 1.1.2015, see art. 1(2)