1. UK Company Law
  2. Legislation (UK)
  3. Acts
  4. 2006
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  1. Companies Act 2006 (c. 46)
  2. Part 18 Acquisition by limited company of its own shares (ss. 658-737)
  3. Chapter 4 Purchase of own shares (ss. 690-708)
  4. Supplementary provisions (ss. 702-708)
  5. 704. No assignment of company's right to purchase own shares
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 30 April 2013 - onwards
  Version 3 of 3    

704. No assignment of company's right to purchase own shares

The rights of a company under a contract authorised under -

(za) 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.

Comparing proposed amendment...
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