Section 5 Other operations treated as divisions United Kingdom Original text. Later amendments are not shown. 158Divisions with cash payment exceeding 10 % 159Divisions without the company being divided ceasing to exist Notes on Title II Textual amendments F1 Substituted by Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions (Text with EEA relevance). ← Article 157 Section 5 Article 158 →