# The Companies Act 2006 (Amendment of Part 18) Regulations 2015, Regulation 7: Amendments to the Companies Act 2006


For section 724(1)(b) (treasury shares) substitute—
“(b) the purchase is made out of distributable profits.”

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111127094/regulation/7 (the official version)
Page: https://openlegislation.uk/draft-companies-act-2006-amendment-of-part-18-regulations-2015/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.