Schedule 7, Part 2 Disclosure required by company acquiring its own shares Etc. (paras. 8-9)
8. This Part of this Schedule applies where shares in a public company -
(a) are purchased by the company or are acquired by it by forfeiture or surrender in lieu of forfeiture, or in pursuance of any of the following provisions (acquisition of own shares by company limited by shares) -
(i) section 143(3) of the Companies Act 1985 [Section 143 is prospectively repealed by the 2006 Act.],
(ii) Article 153(3) of the Companies (Northern Ireland) Order 1986 [Article 153 is prospectively repealed by the 2006 Act.], or
(iii) section 659 of the 2006 Act, or
(b) are acquired by another person in circumstances where paragraph (c) or (d) of any of the following provisions applies (acquisition by company’s nominee, or by another with company financial assistance, the company having a beneficial interest) -
(i) section 146(1) of the Companies Act 1985 [Section 146(1)(aa) was inserted by section 102C(5) of 1986 c.53, as inserted by section 1(1) of 1997 c.41. Section 146 is prospectively repealed by the 2006 Act.],
(ii) Article 156(1) of the Companies (Northern Ireland) Order 1986 [Article 156(1)(aa) was inserted by section 102C(6) of 1986 c.53, as inserted by section 1(1) of 1997 c.41. Article 156 is prospectively repealed by the 2006 Act.], or