OpenLegislation

Regulation 5 Authority for off-market purchase

Original text. Later amendments are not shown.

In each of the following provisions of the Act, omit the word “special”—

(a)

subsections (2)(a) and (b) and (4) of section 694 (shareholder authorisation required for contract for off-market purchase of company’s own shares),

(b)

subsections (2) and (3) of section 697 (shareholder authorisation required for variation of contract for off-market purchase of company’s own shares), and

(c)

subsections (2) and (3) of section 700 (shareholder authorisation required for release of company’s rights under contract for off-market purchase of company’s own shares).