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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

Section 195 of, and Schedule 40 to, the Finance Act 2003 (c. 14) make provision for the purposes of the Taxes Acts and the Inheritance Act 1984 (c. 51) where a company acquires any of its own shares.

This Order provides that these provisions have effect in relation to any acquisition of shares by a company on or after 1st December 2003.