# Companies Act 2006, Section 704: No assignment of company's right to purchase own shares

Extent: E+W+S+N.I.

The rights of a company under a contract authorised under—
(za) section 693A (authority for off-market purchase for the purposes of or pursuant to an employees' share scheme),
(a) section 694 (authority for off-market purchase), or
(b) section 701 (authority for market purchase)
are not capable of being assigned.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/704 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-704
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.