# The Risk Transformation Regulations 2017, Regulation 124: Meaning of “distribution”


In regulations 125 and 126, “distribution” means every description of a distribution of an asset to a shareholder, except for the redemption or acquisition of shares held by that shareholder in accordance with regulation 106 or 107.

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Source: https://www.legislation.gov.uk/ukdsi/2017/9780111160596/regulation/124 (the official version)
Page: https://openlegislation.uk/draft-risk-transformation-regulations-2017/regulation-124
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.