Section 966(3F)

The references in subsections (3), (3A) and (3C) to voting shares in the company do not include— debentures, or shares that, under the company’s articles of association, do not normally carry rights to vote at its general meetings (for example, shares carrying rights to vote that, under those articles, arise only where specified pecuniary advantages are not provided).

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