42. Debentures carrying voting rights

(1) For the purposes of this Chapter debentures issued by a company to which subsection (2) applies are treated as shares in the company if they carry voting rights.
(2) This subsection applies to a company that has voting shares, or debentures carrying voting rights, which are admitted to trading on a regulated market.
(3) In this Chapter, in relation to debentures treated as shares by virtue of subsection (1) —
(a) references to the holder of shares or a shareholder are to be read accordingly,
(b) references to shares being allotted are to be read as references to debentures being issued.