990Debentures carrying voting rightsU.K.
(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.
Modifications etc. (not altering text)
C1Ss. 974-991 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 14(2) (with transitional provisions and savings in regs. 7, 9, Sch. 2)