{
  "url": "https://openlegislation.uk/companies-act-2006-commencement-no-8-transitional-provisions-and-savings-order-2008/schedule-2/paragraph-73",
  "json_url": "https://openlegislation.uk/companies-act-2006-commencement-no-8-transitional-provisions-and-savings-order-2008/schedule-2/paragraph-73.json",
  "legislation": "uksi/2008/2860",
  "legislation_title": "The Companies Act 2006 (Commencement No. 8, Transitional Provisions and Savings) Order 2008",
  "legislation_url": "https://openlegislation.uk/companies-act-2006-commencement-no-8-transitional-provisions-and-savings-order-2008",
  "path": "schedule/2/paragraph/73",
  "kind": "paragraph",
  "number": "73",
  "heading": "Redeemable shares (ss. 684 to 689)",
  "text": "(1) Section 686(2) of the Companies Act 2006 (terms allowing for payment on date later than redemption date) applies—\n(a) to shares issued on or after 1st October 2009, and\n(b) to shares issued before that date where the terms of redemption have been amended on or after that date to allow for payment on a date later than the redemption date.\n(2) So much of section 159(3) of the 1985 Act or Article 169(3) of the 1986 Order as requires payment on redemption continues to apply in any other case.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 73 in force at 1.10.2009, see art. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/2860/schedule/2/paragraph/73",
    "retrieved_at": "2026-10-29T03:22:26.884389+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}