# The Companies (Shares and Share Capital) Order 2009, Article 5: Redemption or purchase of own shares out of capital by a private company: prescribed form of, and information with respect to the nature of the company’s business to be contained in, a directors’ statement


(1) The directors’ statement required by section 714 (directors’ statement to be made where a private company makes a payment out of capital for the redemption or purchase of its own shares) must—
(a) be in writing;
(b) indicate that it is a directors’ statement made under that section; and
(c) be signed by each of the company’s directors.
(2) The statement must state—
(a) whether the company’s business includes that of a banking company; and
(b) whether its business includes that of an insurance company.

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Source: https://www.legislation.gov.uk/uksi/2009/388/article/5 (the official version)
Page: https://openlegislation.uk/companies-shares-and-share-capital-order-2009/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.