Paragraph 79
United Kingdom
(1)
Section 536 (other disqualifying events) has effect in relation to any alteration made to the share capital of a company before 11th May 2001 with the following modification.
(2)
In subsection (1), for paragraphs (b) and (c) substitute—
“(b)any alteration to the share capital of the relevant company to which section 537 applies and is made without the prior approval of F1an officer of Revenue and Customs ;”.
Annotations
Textual amendments
- F1
Words in Act substituted (18.4.2005) by Commissioners for Revenue and Customs Act 2005 (c. 11), s. 53(1), Sch. 4 para. 102(1); S.I. 2005/1126, art. 2(2)(h)
Notes on Part 7
Textual amendments
- F1
Words in Sch. 7 Pt. 7 heading substituted (10.7.2003) by Finance Act 2003 (c. 14), Sch. 22 para. 46(4)