683 Definitions for this Chapter
Companies Act 2006 (2006 c 46) | Legislation

Supplementary

683  Definitions for this Chapter

(1)     In this Chapter—

“distributable profits”, in relation to the giving of any financial assistance—

(a)     means those profits out of which the company could lawfully make a distribution equal in value to that assistance, and

(b)     includes, in a case where the financial assistance

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