[720B Registration of resolution and supporting documents for purchase of own shares for the purposes of or pursuant to an employees' share scheme]

[720B  Registration of resolution and supporting documents for purchase of own shares for the purposes of or pursuant to an employees' share scheme]

[(1)     Within 15 days after the passing of the resolution for a payment out of capital by a private company for the purchase of its own shares for the purposes of or pursuant to an employees' share scheme the company must deliver to the registrar—

(a)     a copy of the solvency statement,

(b)     a copy of the resolution, and

(c)     a statement of capital.

(2)     The statement of capital

Powered by Lexis+®

Popular documents