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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 4 December 2012 - onwards
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Article 24

Repealed from 4 December 2012

1. The acceptance of the company's own shares as security, either by the company itself or through a person acting in his own name but on the company's behalf, shall be treated as an acquisition for the purposes of Articles 19, 20(1), 22 and 23.

2. The Member States may decide not to apply paragraph 1 to transactions concluded by banks and other financial institutions in the normal course of business.

Comparing proposed amendment...