{
  "url": "https://openlegislation.uk/draft-companies-act-2006-amendment-of-part-18-regulations-2013/regulation-14",
  "json_url": "https://openlegislation.uk/draft-companies-act-2006-amendment-of-part-18-regulations-2013/regulation-14.json",
  "legislation": "ukdsi/2013/9780111537145",
  "legislation_title": "The Companies Act 2006 (Amendment of Part 18) Regulations 2013",
  "legislation_url": "https://openlegislation.uk/draft-companies-act-2006-amendment-of-part-18-regulations-2013",
  "path": "regulation/14",
  "kind": "regulation",
  "number": "14",
  "heading": "Treasury shares",
  "text": "(1) Section 724 of the Act (treasury shares) is amended as follows.\n(2) For subsection (1), substitute—\n“(1) This section applies where–\n(a) a limited company makes a purchase of its own shares in accordance with Chapter 4, and\n(b) the purchase is made—\n(i) out of distributable profits, or\n(ii) with cash under section 692(1)(b).”.\n(3) Omit subsection (2).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2013/9780111537145/regulation/14",
    "retrieved_at": "2026-10-30T14:50:06.970285+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."
}