# Companies Act 1948, Paragraph 25


References in paragraph 7 of this Schedule to subscribing for shares or debentures shall include acquiring them from a person to whom they have been allotted or agreed to be allotted with a view to his offering them for sale.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/11-12/38/schedule/FOURTH/paragraph/25 (the official version)
Page: https://openlegislation.uk/companies-act-1948/schedule-FOURTH/paragraph-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.