# The Companies (Tables A to F) Regulations 1985, Paragraph 35

Extent: E+W+S

Subject to the provisions of the Act, the company may purchase its own shares (including any redeemable shares) and, if it is a private company, make a payment in respect of the redemption or purchase of its own shares otherwise than out of distributable profits of the company or the proceeds of a fresh issue of shares.

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Source: https://www.legislation.gov.uk/uksi/1985/805/schedule/part/1/paragraph/35 (the official version)
Page: https://openlegislation.uk/companies-tables-a-to-f-regulations-1985/schedule/part-1/paragraph-35
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.