1. UK Company Law
  2. Legislation (UK)
  3. Acts
  4. 2006
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  1. Companies Act 2006 (c. 46)
  2. Part 27 Mergers and divisions of public companies (ss. 902-941)
  3. Chapter 3 Division (ss. 919-934)
  4. Requirements to be complied with in case of division (ss. 920-930)
  5. 930. No allotment of shares to transferor company or to transferee company (division)
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 6 April 2008 - onwards
  Version 2 of 2    

930. No allotment of shares to transferor company or to transferee company (division)

The scheme must not provide for any shares in a transferee company to be allotted to -

(a) the transferor company (or its nominee) in respect of shares in the transferor company held by the transferor company itself (or its nominee); or

(b) a transferee company (or its nominee) in respect of shares in the transferor company held by the transferee company (or its nominee).

Comparing proposed amendment...
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