# Broadcasting Act 1996, Paragraph 10


(1) A transfer in accordance with a transfer scheme may be made for consideration or for no consideration and, if it is made for consideration, the consideration may, in particular, take the form of the issue of shares or securities.
(2) In sub-paragraph (1), “transfer” has the meaning given by paragraph 1(1) of Schedule 7.

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Source: https://www.legislation.gov.uk/ukpga/1996/55/schedule/5/paragraph/10 (the official version)
Page: https://openlegislation.uk/broadcasting-act-1996/schedule-5/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.