Section 594(2)

This section applies to an arrangement for the allotment of shares in company A on terms that the whole or part of the consideration for the shares allotted is to be provided by— of all or some of the shares, or of all or some of the shares of a particular class, in another company (“company B”). the transfer to that company, or the cancellation,

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Source: legislation.gov.uk · retrieved 2026-09-04