708 Notice to registrar of cancellation of shares

708  Notice to registrar of cancellation of shares

(1)     If on the purchase by a company of any of its own shares in accordance with this Part—

(a)     section 724 (treasury shares) does not apply (so that the shares are treated as cancelled), or

(b)     that section applies but the shares are cancelled forthwith (under section 729 (cancellation of treasury shares)),

the company must give notice of cancellation

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