# The Companies Act 2006 (Amendment of Part 18) Regulations 2013, Regulation 3: Company to be allowed to pay for own shares by instalments


In section 691 of the Act (payment of purchase of own shares), after subsection (2) insert—
“(3) But subsection (2) does not apply in a case where a private limited company is purchasing shares for the purposes of or pursuant to an employees’ share scheme.”.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111537145/regulation/3 (the official version)
Page: https://openlegislation.uk/draft-companies-act-2006-amendment-of-part-18-regulations-2013/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.