xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

Part 27U.K.Mergers and divisions of public companies

Chapter 3U.K.Division

Requirements to be complied with in case of divisionU.K.

921Publication of draft terms [F1by registrar](division)U.K.

(1)The directors of each company involved in the division must deliver a copy of the draft terms to the registrar.

(2)The registrar must publish in the Gazette notice of receipt by him from that company of a copy of the draft terms.

(3)That notice must be published at least one month before the date of any meeting of that company summoned for the purposes of approving the scheme.

(4)The requirements in this section are subject to [F2section 921A (publication of draft terms on company website) and] section 934 (power of court to exclude certain requirements).

Textual Amendments

F1S. 921: words in heading inserted (1.8.2011 with application in accordance with reg. 1(2)) by The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011 (S.I. 2011/1606), reg. 19(2)

F2Words in s. 921(4) inserted (1.8.2011 with application in accordance with reg. 1(2)) by The Companies (Reporting Requirements in Mergers and Divisions) Regulations 2011 (S.I. 2011/1606), reg. 19(1)