‹ 597. Public companies: duty of directors to call meeting on serious loss of capital CHAPTER 1 GENERAL PROVISIONS › PART 17 ACQUISITION BY LIMITED COMPANY OF ITS OWN SHARES CHAPTER 1 GENERAL PROVISIONS Introductory Shares held by nominee of the company Shares held by or for a public company Charges by public companies on own shares Supplementary provisions CHAPTER 2 FINANCIAL ASSISTANCE FOR PURCHASE OF OWN SHARES Introductory Circumstances in which financial assistance is prohibited Exceptions from prohibitions CHAPTER 3 REDEEMABLE SHARES 623. Power of limited company to issue redeemable shares 624. Terms and manner of redemption 625. Payment for redeemable shares 626. Financing of redemption 627. Redeemed shares treated as cancelled 628. Notice to Registrar of redemption CHAPTER 4 PURCHASE OF OWN SHARES General Provisions Authority for purchase of own shares Authority for off-market purchase 640. Release of company's rights under contract for off-market purchase Authority for market purchase CHAPTER 5 REDEMPTION OR PURCHASE BY PRIVATE COMPANY OUT OF CAPITAL Introductory Permissible capital payments Requirements for payments out of capital CHAPTER 6 TREASURY SHARES 666. Treasury shares 667. Treasury shares: exercise of rights 668. Treasury shares: disposal 669. Treasury shares: notice of disposal 670. Treasury shares: cancellation 671. Treasury shares: notice of cancellation 672. Treasury shares: treatment of proceeds of sale 673. Treasury shares: offences CHAPTER 7 SUPPLEMENTARY PROVISIONS 674. The capital redemption reserve 675. Accounting consequences of payment out of capital 676. Effect of company's failure to redeem or purchase 677. Meaning of "distributable profits" ‹ 597. Public companies: duty of directors to call meeting on serious loss of capital CHAPTER 1 GENERAL PROVISIONS ›
