# The Restrictive Trade Practices (Sale and Purchase and Share Subscription Agreements) (Goods) Order 1989, Article 5: Share Subscription Agreements


This article applies to an agreement made on or after the date on which this Order comes into force—
(a) which provides for a person (the “subscriber”) to subscribe (whether or not in cash) for shares in a company (the “issuing company”);
(b) under which no relevant restriction in respect of any of the matters described in section 6(1)(a) or (b) of the Act of 1976 is accepted by a person; and
(c) under which no relevant restriction in respect of any of the matters described in section 6(1)(c) to (f) of that Act is accepted by a body corporate or unincorporate.

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Source: https://www.legislation.gov.uk/uksi/1989/1081/article/5 (the official version)
Page: https://openlegislation.uk/restrictive-trade-practices-sale-and-purchase-and-share-subscription-agreements-goods-order-1989/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.