734 Accounting consequences of payment out of capital
Companies Act 2006 (2006 c 46) | Legislation

734  Accounting consequences of payment out of capital

(1)     This section applies where a payment out of capital is made in accordance with Chapter 5 [or section 692(1ZA)] (redemption or purchase of own shares by private company out of capital).

[(1A)     In relation to a payment under section 692(1ZA) references to the permissible capital payment are to the purchase price of the shares or (if less) the

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