Section 733(2)

Where under this Part shares of a limited company are redeemed or purchased wholly out of the company's profits, the amount by which the company's issued share capital is diminished in accordance with— must be transferred to the capital redemption reserve. section 688(b) (on the cancellation of shares redeemed), or section 706(b)(ii) (on the cancellation of shares purchased),

← 1 · All articles · 3 →

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