588 Liability of subsequent holders of shares

Supplementary provisions

588  Liability of subsequent holders of shares

(1)     If a person becomes a holder of shares in respect of which—

(a)     there has been a contravention of any provision of this Chapter, and

(b)     by virtue of that contravention another is liable to pay any amount under the provision contravened,

that person is also liable to pay that amount (jointly

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