# Companies Act 2006, Section 930: No allotment of shares to transferor company or its nominee (division)

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

The scheme must not provide for any shares in a transferee company to be allotted to—
(a) the transferor company (or its nominee) in respect of shares in the transferor company held by the transferor company itself (or its nominee); or
(b) a transferee company (or its nominee) in respect of shares in the transferor company held by the transferee company (or its nominee).

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/930 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-930
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.