{
  "url": "https://openlegislation.uk/companies-mergers-and-divisions-regulations-1987/schedule/paragraph-427A",
  "json_url": "https://openlegislation.uk/companies-mergers-and-divisions-regulations-1987/schedule/paragraph-427A.json",
  "legislation": "uksi/1987/1991",
  "legislation_title": "The Companies (Mergers and Divisions) Regulations 1987",
  "legislation_url": "https://openlegislation.uk/companies-mergers-and-divisions-regulations-1987",
  "path": "schedule/paragraph/427A",
  "kind": "paragraph",
  "number": "427A",
  "heading": "Application of ss.425—427 to mergers and divisions of public companies.",
  "text": "(1) Where—\n(a) a compromise or arrangement is proposed between a public company and any such persons as are mentioned in section 425(1) for the purposes of, or in connection with, a scheme for the reconstruction of any company or companies or the amalgamation of any two or more companies,\n(b) the circumstances are as specified in any of the Cases described in subsection (2), and\n(c) the consideration for the transfer or each of the transfers envisaged in the Case in question is to be shares in the transferee company or any of the transferee companies receivable by members of the transferor company or transferor companies, with or without any cash payment to members,\nsections 425 to 427 shall, as regards that compromise or arrangement, have effect subject to the provisions of this section and Schedule 15A.\n(2) The Cases referred to in subsection (1) are as follows—",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/1991/schedule/paragraph/427A",
    "retrieved_at": "2026-10-29T16:17:28.974869+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."
}