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Article 5 Transitional adaptations

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Section 652 of the Companies Act 2006 (liability of members following reduction of capital) has effect with the following adaptation.

(2)

In subsection (1)(a), for “the statement of capital delivered under section 644 or 649” substitute “the memorandum delivered under section 644”.