(1) In this section -
"company" has the meaning assigned to it by section 5(1);
"consideration" means consideration in money or money's worth;
"control", in relation to a company, shall be construed in accordance with section 432;
"society" means a society registered under the Industrial and Provident Societies Acts, 1893 to 1978, which is an agricultural society or a fishery society within the meaning of section 133(1)(a).
(a) In this subsection and in subsection (4), "the appropriate number", in relation to a member's original shares, means such portion (or as near as may be to such portion) of the total number of the referable shares owned by the member at the time of the transfer as bears to that number the same proportion as the total number of shares in the company which are subject to the transfer bears to the total number of shares in the company owned by the society immediately before the transfer, and the number of the referable shares owned by a member shall be an amount
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