140 Interests to be disregarded: employer's rights of recovery under pension scheme or employees' share scheme
Companies Act 2006 (2006 c 46) | Legislation

140  Interests to be disregarded: employer's rights of recovery under pension scheme or employees' share scheme

(1)     Where shares in a company are held on trust for the purposes of a pension scheme or employees' share scheme, there shall be disregarded for the purposes of section 138 any charge or lien on, or set-off against, any benefit or other right or interest under the scheme for the purpose

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